Williams Corporation reports the following direct labor information for November: $ 33.00 per hour $ 33.80 per hour 44, 600 hours $201, 300 F Standard rate Actual rate paid Standard hours allowed for actual production Labor efficiency variance Required: Based on these data, what was the number of actual hours worked and what was the labor price variance? (Indicate the effect of ea variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Actual hours worked Labor price variance hours

Williams Corporation reports the following direct labor information for November: $ 33.00 per hour $ 33.80 per hour 44, 600 hours $201, 300 F Standard rate Actual rate paid Standard hours allowed for actual production Labor efficiency variance Required: Based on these data, what was the number of actual hours worked and what was the labor price variance? (Indicate the effect of ea variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Actual hours worked Labor price variance hours

Name: Williams Corporation reports the following direct labor information f
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Description: Williams Corporation reports the following direct labor information for November:Standard rate$4Actual rate paidStandard hours allowed for actual productionLabor efficiency variance33.00 per hour33.80 per hour44, 600 hours$201, 300 FRequired:Based o

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 7PA: Ellis Companys labor information for September is as follows: A. Compute the standard direct labor...

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