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Minmax Co.'s direct labor information for February is as follows: Direct labor hours worked (AQ) 34,800...

Minmax Co.'s direct labor information for February is as follows:

Direct labor hours worked (AQ) 34,800
Standard direct labor hours for units manufactured (SQ) 36,500
Unfavorable direct labor rate variance $ 17,400
Total payroll for direct labor $ 452,400

The total direct labor flexible-budget variance in February, to the nearest dollar, was:

Multiple Choice

  • $3,850 favorable.

  • $14,587 favorable.

  • $38,650 favorable.

  • $38,650 unfavorable.

  • $49,387 favorable.

Business   Accounting   
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Answer #1
Direct Labour AQ                    34,800
Total Payroll                  452,400
Actual Rate                             13
Standard Hours                    36,500
DL RATE Variance                  (17,400)
                                       (17,400) =E18(SR-E200)
SR                       12.50
Total standard cost                  456,250
Flexible budget variance                       3,850 Favourable
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