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Scorpion4ik [409]
3 years ago
14

Assume that the standard cost to make one finished unit includes 2 hour of direct labor at $8 per hour. During April, 22,000 dir

ect labor-hours were worked, 10,500 units of product were manufactured, and total direct labor cost was $160,000. What is the labor rate variance for April
Business
1 answer:
ruslelena [56]3 years ago
5 0

Answer:

the labor rate variance is $16,000 unfavorable

Explanation:

The computation of the labor rate variance is shown below:

As we know that

Labour Rate Variance = ( Actual Rate - Standard Rate) ×Actual Hours Worked

= ($160,000 ÷ 22,000 direct labor hours - $8) × 22000  direct labor hours

= ($7.27 - $8) × 22000  direct labor hours

= $16,000 Unfavorable

hence, the labor rate variance is $16,000 unfavorable

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

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Answer:

$2

Explanation:

Given that

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Cost on wool if 10 sweater are made in a month = $15

Cost on wool if 11 sweater are made in a month = $17

Since it involves no other cost

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= Cost on wool when 11 sweater made in one month - Cost on wool when 10 sweater made in one month

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3 years ago
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Answer:

19

Explanation:

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