Standard cost ——6,000 hrs at 12.00Actual costs ——7,500 hrs at 11.40 6. What is the direct labor time variance?a. $28,875 Favorableb. $28,875 Unfavorablec. $28,683 Favorabled. $28,683 Unfavorable

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Description: Standard cost ——6,000 hrs at 12.00Actual costs ——7,500 hrs at 11.40 6. What is the direct labor time variance?a. $28,875 Favorableb. $28,875 Unfavorablec. $28,683 Favorabled. $28,683 Unfavorable

Direct labour time variance means situation when standard cost of labour is different from actual…

Answered: Standard cost ——6,000 hrs at 12.00…

Business

Accounting

Standard cost ——6,000 hrs at 12.00 Actual costs ——7,500 hrs at 11.40

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 17MC: When is the direct labor time variance unfavorable? A. when the actual quantity used is greater than...

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p35 The direct labor time variance is
p34 The direct labor rate variance is