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Ksju [112]
3 years ago
5

The following data relate to labor cost for production of 3,600 cellular telephones: Actual: 2,430 hrs. at $14.5 Standard: 2,390

hrs. at $14.8 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:
Bogdan [553]3 years ago
8 0

Answer and Explanation:

The computation is shown below:

For Direct labor rate variance, it is

= (Actual rate - Standard rate) × Actual hour

= ($14.5 - $14.8) × 2,430 hours

= $729 favorable

For Time variance, it is

= (Actual hours - standard hours) × standard rate

= (2,430 hours - 2,390 hours) × $14.80

= $592 unfavorable

So, the Total labour cost variance is

= $729 favorable + $592 unfavorable

= $137 favorable

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Answer:

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Explanation:

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3.A lockbox plan is most beneficial to firms that a. have widely dispersed manufacturing facilities. b. have a large marketable
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Answer:

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Explanation:

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Which of the following is true? Overhead costs are often affected by many issues and are frequently too complex to be explained
11111nata11111 [884]

Answer:

Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.

Explanation:

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Final Answer

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