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Direct Labor Variances The following data relate to labor cost for production of 4,000 cellular telephones:...
Direct Labor Variances
The following data relate to labor cost for production of 4,000 cellular telephones:
| Actual: | 2,710 hrs. at $13.20 |
| Standard: | 2,670 hrs. at $13.40 |
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.
| Rate variance | $ | |
| Time variance | $ | |
| Total direct labor cost variance | $ |
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