Bellingham Company produces a product that requires 2 standard hours per unit at a standard hourly rate of $14.00 per hour. If 6,300 units required 12,100 hours at an hourly rate of $14.70 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Q: A product is expected to take 2 hours per unit and the labour is budgeted at £9 per hour. The…

A: Here in this question, we are required to calculate the labor rate and efficiency variance. Labor…

Q: Bellingham Company produces a product that requires 10 standard pounds per unit. The standard price…

A: Direct Material price variance = (Actual price per pound - Standard price per pound)*Actual quantity…

Q: Ruby Company produces a chair that requires 6 yards of material per unit. The standard price of one…

A: Introduction: Variance analysis is a quantitative examination of the difference between actual and…

Q: If the actual fixed costs total $ 167000 with the actual number of units produced equal to 120 , and…

A: The fixed overhead cost variance indicates the extra Fixed OH actually incurred over and above the…

Q: The standard direct labor cost per unit for a company was $27 (- $18 per hour x 15 hours per unit)…

A: Direct labor cost is referred to as that cost which is related to the labor force which is used in…

Q: Direct Labor Variances Bellingham Company produces a product that requires 5 standard direct labor…

A: Direct labor cost variance determined the difference between the actual direct labor cost incurred…

Q: Bellingham Company produces a product that requires 8 standard direct labor hours per unit at a…

A: Labor rate variance = (Actual rate per hour - Standard rate per hour)*Actual hours worked Labor time…

Q: Brookman, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.5 hour per​…

A: Standard hours means standard hours for actual output  = 6800×0.5 =3400 hours

Q: Vinton Inc. provides the following details for the year: Type of variance Amount Variable…

A: Formula: sales-volume variance for operating income = Operating income volume + fixed overhead…

Q: o Yealink Company produces a product that requires 5.0 standard pounds per unit. The standard price…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: The following data relate to labor cost for production of 33,000 cellular telephones: Actual: 6,330…

A: Direct labor total cost variance shows the impact of any overall change in the amount spent on…

Q: what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter…

A: Direct material variances:   The difference between the actual material cost per unit and the…

Q: Direct Labor Variances Bellingham Company produces a product that requires 2 standard hours per…

A:

Q: Frontera Company’s output for the current period results in a $20,000 unfavorable direct labor rate…

A: Labour cost variance: The difference between the standard cost of labour estimated and the actual…

Q: Bellingham Company produced 15,000 units of product that required 4 standard direct labor hours per…

A: Controllable variance: It is the difference between the actual overheads incurred and the standard…

Q: Bellingham Company produces a product that requires 10 standard direct labor hours per unit at a…

A: Direct labor rate variance = (Actual rate - Standard rate) x Actual hours Direct labor time variance…

Q: Encinas Company produces a product that requires 3 standard hours per unit at a standard hourly rate…

A: Direct labour cost variance shows difference between standard cost of labour and actual cost of…

Q: Venneman Company produces a product that requires 3.5 standard pounds per unit. The standard price…

A: Direct Materials Price Variance = (Actual Price- Standard Price) * Actual Quantity Purchased Direct…

Q: Encinas Company produces a product that requires 6 standard pounds per unit. The standard price is…

A: Direct material price variance  (Standard Price*Actual Quantity) - (Actual Price*Actual Quantity)…

Q: Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price…

A: Material Cost Variance: The difference between the standard cost of direct materials specified for…

Q: Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $11.30 per…

A: Introduction: Variance analysis is the quantitative examination of the differences between actual…

Q: Bellingham Company produces a product that requires 3 standard direct labor hours per unit at a…

A: Variance analysis is the analysis between standard and actual results to mainly find out the reason…

Q: Direct Labor Variances Venneman Company produces a product that requires 4 standard hours per unit…

A: Standard cost means the cost which the company is expecting to be incurred on the basis of estimate…

Q: Direct Labor Variances Bellingham Company produces a product that requires 7 standard direct labor…

A: Direct labour cost variance arises when there is a difference between standard cost of labour and…

Q: Venneman Company produces a product that requires 4 standard hours per unit at a standard hourly…

A: Labor Rate Variance = (Standard Rate - Actual Rate) * Actual Hours   Labor Efficiency Variance =…

Q: Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $16.70 per…

A:

Q: (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a…

A:

Q: Venneman Company produces a product that requires 2 standard hours per unit at a standard hourly…

A: Solution a: Direct labor rate variance = (SR - AR) * AH = ($15 - $14.70)* 8900 =$2,670 F

Q: Bellingham Company produces a product that requires 4 standard direct labor hours per unit at a…

A: Labor rate variance = (Actual rate per hour - Standard rate per hour)*Actual hours worked Labor time…

Q: Bellingham Company produces a product that requires six standard pounds per unit. The standard price…

A: The calculation of direct materials price, quantity, and cost variance is as follows: The resultant…

Q: Alvarez Company’s output for the current period yields a $20,000 favorable overhead volume variance…

A: Given information is: Alvarez Company’s output for the current period yields a $20,000 favorable…

Q: Venneman Company produces a product that requires 4 standard hours per unit at a standard hourly…

A: Formula: Direct labor rate variance = Actual hours x ( Standard rate per hour - Actual rate per hour…

Q: Dvorak Company produced 3,500 units of product that required 1.5 standard hours per unit. The…

A: Standard hours required = Actual units produced x Stnadrd hours  per unit = 3,500 units x 1.5 hour…

Q: he management of Earth Barber Lawnmowers has calculated the following variances: Direct materials…

A: Fixed Overhead Variance = Spending Variance + Volume Variance As per the given case Fixed Overhead…

Q: Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $11.70 per…

A: Variances occur when the actual inputs and outputs differ from the budgeted inputs and outputs.

Q: Bellingham Company produces a product that requires 7 standard direct labor hours per unit at a…

A: Variance refers to a change between the expected value and the actual result. This term is usually…

Q: The production cost for a waterproof phone case is $9 per unit and fixed costs are $27,000 per…

A: Standard cost = Total fixed costs + No. of units produced  x Variable cost per unit = 27000 + 5000*9…

Q: Direct labor variances Bellingham (Company produces a product that requires 4 standard direct labor…

A: Variances are calculated to compare the actual result with the standard set by the company.

Q: Direct Labor Variances Bellingham Company produces a product that requires 7 standard hours per unit…

A: Calculation of direct labor rate, time and total direct labor cost variance:

Q: Bellingham Company produced 4,200 units of product that required 2.5 standard direct labor hours per…

A: Fixed factory overhead: The overheads amount remains fixed. It won't varies according to the input…

Q: Bellingham Company produces a product that requires 10 standard pounds per unit. The standard price…

A: The management use standard costing for setting future targets of operations to be achieved which…

Q: Bellingham Company produces a product that requires 6 standard direct labor hours per unit at a…

A: Variance: It is the deviation between the standard value and the actual value.

Q: Direct Labor Variances Dvorak Company produces a product that requires 3 standard hours per unit at…

A: Direct Labour cost variance means when there is a difference between standard cost of labour and…

Q: The production cost for a waterproof phone case is $5 per unit and fixed costs are $27,110 per…

A: Standard cost=Variable cost per unit×Units+Fixed costs=$5×5,216+$27,110=$53,190

Q: Titus Company produced 6,800 units of a product that required 3 standard hours per unit. The…

A: Fixed overhead volume variance = Absorbed fixed overhead - Budgeted fixed overhead If the absorbed…

Q: Direct Labor Variances Bellingham Company produces a product that requires 9 standard direct labor…

A: Standard cost means the cost which the company is expecting to be incurred on the basis of estimate…

Q: Venneman Company produces a product that requires 5 standard pounds per unit. The standard price is…

A: Direct material price variance  (Standard Price*Actual Quantity) - (Actual Price*Actual Quantity)…

Q: Dvorak Company produced 3,500 units of product that required 1.5 standard hours per unit. The…

A: Fixed overhead volume variance is the amount of fixed overhead actually incurred over and above the…

Q: Japan Company produces lamps that require 3 standard hours per unit at a standard hourly rate of…

A: Direct labor rate variance = (Actual rate - Standard rate)*Actual hours. If the actual rate is more…

Q: Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price…

A: