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The following information is provided for Dexter, Inc.: Standard direct labor wage rate: $10/hour Standard direct...

The following information is provided for Dexter, Inc.:

Standard direct labor wage rate: $10/hour
Standard direct labor hours per unit of output: 5 hours/unit
Budgeted Production: 5,000 units
Actual direct labor hours per unit of output: 5 hours/unit
Actual direct labor wage rate: $11.50/hour
Actual Production: 4,900 units


What is the direct labor efficiency variance?

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Answer #1

Direct labor efficiency variance = SHxSR-AHxSR                                

= SR(SH-AH)

= (24500x10) - (24500x10)

= 0

                SH =      24500   

                SR =      10          

                AH =     24500   

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