13. The following data relate to direct labor costs for the current period:Standard costs3,200 hours at $8.253,800 hours at $8.75Actual costsWhat is the direct labor time variance?a. $4,950 favorableb. $4,950 unfavorablec. $1,900 unfavorabled. $1.900 favorable

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Description: 13. The following data relate to direct labor costs for the current period:Standard costs3,200 hours at $8.253,800 hours at $8.75Actual costsWhat is the direct labor time variance?a. $4,950 favorableb. $4,950 unfavorablec. $1,900 unfavorabled. $1.90

Direct Labor Time Variance Direct Labor Time Variance = (Standard labor hours allowed for actual…

Business

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13. The following data relate to direct labor costs for the current period: 3,200 hours at $8.25 3,800 hours at $8.75 Standard costs Actual costs What is the direct labor time variance? a. $4,950 favorable b. $4,950 unfavorable c. $1,900 unfavorable d. $1.900 favorable

13. The following data relate to direct labor costs for the current period: 3,200 hours at $8.25 3,800 hours at $8.75 Standard costs Actual costs What is the direct labor time variance? a. $4,950 favorable b. $4,950 unfavorable c. $1,900 unfavorable d. $1.900 favorable

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 7PA: Ellis Companys labor information for September is as follows: A. Compute the standard direct labor...

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