Carla Vista manufactures a product that uses 2.4 standard labor hours per unit at a standard hourly rate of $11.00 per hour. If 3,090 units required 7,200 actual hours at an hourly rate of $11.40 per hour, what is the Direct Labor Price Variance and Efficiency Variance? Direct labor price variance Direct labor efficiency variance

Carla Vista manufactures a product that uses 2.4 standard labor hours per unit at a standard hourly rate of $11.00 per hour. If 3,090 units required 7,200 actual hours at an hourly rate of $11.40 per hour, what is the Direct Labor Price Variance and Efficiency Variance? Direct labor price variance Direct labor efficiency variance

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Description: Please do not give solution in image format thanku Carla Vista manufactures a product that uses 2.4 standard labor hours per unit at a standard hourly rate of $11.00 per hour. If 3,090units required 7,200 actual hours at an hourly rate of $11.40 per

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 2BE: Direct labor variances Bellingham Company produces a product that requires 4 standard direct labor...

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Case made 24,500 units during June, using 32,000 direct labor hours. They expected to use 31,450 hours per the standard cost card. Their employees were paid $15.75 per hour for the month of June. The standard cost card uses $15.50 as the standard hourly rate. A. Compute the direct labor rate and time variances for the month of June, and also calculate the total direct labor variance. B. If the standard rate per hour was $16.00, what would change?
Fitzgerald Company manufactures sewing machines, and they produced 2,500 this past month. The standard variable manufacturing overhead (M0H) rate used by the company is $6.75 per machine hour. Each sewing machine requires 13.5 machine hours. Actual machine hours used last month were 33,500, and the actual variable MOH rate last month was $7.00. Calculate the variable overhead rate variance and the variable overhead efficiency variance.
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