Neighborhood Farming LLC. manufactures frozen vegetables and provided the following information related to their direct labor costs: Info Regarding Direct Labor Costs Data Rate Hour Standard $15.60 0.80 Actual  $17.00 0.60 Actual production was 6,000 units of packaged vegetables while the planned production was 5,000 units. Determine the direct labor rate variance. Group of answer choices -$5,040 favorable $5,040 unfavorable -$11,400 favorable $11,400 unfavorable

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 1PA: Shasta Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made...
icon
Related questions
Question

Neighborhood Farming LLC. manufactures frozen vegetables and provided the following information related to their direct labor costs:

Info Regarding Direct Labor Costs
Data Rate Hour
Standard $15.60 0.80
Actual  $17.00 0.60

Actual production was 6,000 units of packaged vegetables while the planned production was 5,000 units.

Determine the direct labor rate variance.

Group of answer choices
-$5,040 favorable
$5,040 unfavorable
-$11,400 favorable
$11,400 unfavorable
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,