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pishuonlain [190]
3 years ago
9

Direct Labor Variances La Barte Company manufactures commuter bicycles from recycled materials. The following data for July of t

he current year are available: Quantity of direct labor used 5,050 hrs. Actual rate for direct labor $16.80 per hr. Bicycles completed in July 1,000 bicycles Standard direct labor per bicycle 5.4 hrs. Standard rate for direct labor $16.00 per hr. a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Business
1 answer:
Alisiya [41]3 years ago
7 0

Answer:

Explanation:

a. The computation of the labor rate variance is shown below:  

= Actual Hours × (Actual rate - standard rate)  

= 5,050 × ($16.80 per hour - $16 per hour)  

= 5,050 × $0.80 per hour

= $4,040 unfavorable

b. The computation of the labor time variance is shown below:  

= Standard Rate × (Actual hours - Standard hours)  

= $16 per hour × (5,050 hours - 1,000 × 5.4 hours)  

= $16 per hour × -350 hours

= -$5,600 favorable

c. The computation of the total labor variance is shown below:  

= (Actual hours × Actual rate) - (Standard hours × standard rate)

= (5,050 hours × $16.80 per hour) - (1,000 bicycles × 5.4 hours × $16 per hour)

= $84,840 - $86,400

= -$1,560 favorable

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Answer:

$4872

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Now, calculating the current year depreciation deduction.

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Next calculating depreciation using straight line method ignoring salvage value.

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<u>Option: C</u>

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3 years ago
U.S.-based royal corporation is hesitant about entering into a licensing agreement with hexagon, inc., a company from the monasl
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I guess the correct answer is legal

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3 years ago
Willie is the production manager of the sterile ophthalmic formulations division of Pharmogrep, a pharmaceutical manufacturing c
Hoochie [10]

Answer:

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3 years ago
Mannarelli Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the mon
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Let plug in the formula

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Cost per equivalent unit = $5.34

Therefore The cost per equivalent unit for conversion costs for September is closest to $ 5.34

7 0
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