Under normal conditions, Sarah pays her employees $8.50 per hour, and it will take 2.8 hours of labor per pair of shoes. During August, Sole Purpose Shoe Company incurred actual direct labor costs of $65,610 for 7,290 hours of direct labor in the production of 2,300 pairs of shoes. Complete the following table, showing the direct labor variance relationships for August for Sole Purpose Shoe Company. If required, round your answers to two decimal places. When entering variances, use a negative number for a favorable variance, and a positive number for an unfavorable variance. Actual Cost           Standard Cost Actual Hours X Actual Rate   Actual Hours X Standard Rate   Standard Hours X Standard Rate   X       X             =          =          =               Direct Labor     Variance:          Direct Labor     Variance:                                          Total Direct Labor     Variance:

Question
Under normal conditions, Sarah pays her employees $8.50 per hour, and it will take 2.8 hours of labor per pair of shoes. During August, Sole Purpose Shoe Company incurred actual direct labor costs of $65,610 for 7,290 hours of direct labor in the production of 2,300 pairs of shoes.
Complete the following table, showing the direct labor variance relationships for August for Sole Purpose Shoe Company. If required, round your answers to two decimal places. When entering variances, use a negative number for a favorable variance, and a positive number for an unfavorable variance.
Actual Cost           Standard Cost
Actual Hours X Actual Rate   Actual Hours X Standard Rate   Standard Hours X Standard Rate
 
X
 
 
 
X
 
 
 
 
 
 
 
     
 
     
 
 
         Direct Labor     Variance:          Direct Labor     Variance:      
     
 
     
 
     
             Total Direct Labor     Variance:          
         
 
         

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