Question

Actual quantity of direct labor 5,000 hours Actual direct labor rate $10 per hour Total direct...

Actual quantity of direct labor 5,000 hours

Actual direct labor rate $10 per hour

Total direct labor variance $8,600 Unfavorable .

Direct labor rate variance $4,000 Unfavorable .

Standard hours allowed per unit produced 2 hours

Required: Find the following unknowns.

a. Direct labor efficiency variance

b. Standard rate per direct labor hour

c. Actual quantity produced

Homework Answers

Answer #1

a)Direct labour efficiency variance = Total labour variance-Direct labour rate variance = 8600-4000 = 4600 Unfavorable

b) Direct labour rate variance = (Standard rate-actual rate) actual hours

-4000 = (5000X-50000)

-5000X = -46000

X(standard rate per hour) = 46000/5000 = $9.20 per hour

c) Direct labour efficiency variance = (Standard hour-actual hour)Standard rate

-4600 = (X*2*9.2-10000*9.2)

-4600 = 18.4X-92000

-18.4X = -87400

X(Actual quantity produced) = 87400/18.4 = 4750 Units

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Actual quantity of direct labor 5,000 hours Actual direct labor rate $10 per hour Total direct...
Actual quantity of direct labor 5,000 hours Actual direct labor rate $10 per hour Total direct labor variance $8,600 Unfavorable . Direct labor rate variance $4,000 Unfavorable . Standard hours allowed per unit produced 2 hours Required: Find the following unknowns. Actual quantity produced
20. Flapjack Corporation had 8,002 actual direct labor hours at an actual rate of $12.00 per...
20. Flapjack Corporation had 8,002 actual direct labor hours at an actual rate of $12.00 per hour. Original production had been budgeted for 1,100 units, but only 994 units were actually produced. Labor standards were 7.6 hours per completed unit at a standard rate of $12.86 per hour. The direct labor rate variance is a.$6,881.72 unfavorable b.$6,881.72 favorable c.$5,577.18 unfavorable d.$5,577.18 favorable 21. Flapjack Corporation had 7,768 actual direct labor hours at an actual rate of $12.08 per hour. Original...
The actual cost of direct labor per hour is​ $16.00 and the standard cost of direct...
The actual cost of direct labor per hour is​ $16.00 and the standard cost of direct labor per hour is​ $9.50. The direct labor hours allowed per finished unit is 0.25 hour. During the current​ period, 5,700 units of finished goods were produced using​ 3,500 direct labor hours. How much is the direct labor efficiency​ variance?
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?
Williams Corporation reports the following direct labor information for November: Standard rate $ 34.00 per hour...
Williams Corporation reports the following direct labor information for November: Standard rate $ 34.00 per hour Actual rate paid $ 34.90 per hour Standard hours allowed for actual production 44,700 hours Labor efficiency variance $ 234,600 F Required: Based on these data, what was the number of actual hours worked and what was the labor price variance? (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select...
The records of Norton, Inc. show the following for July. Standard labor-hours allowed per unit of...
The records of Norton, Inc. show the following for July. Standard labor-hours allowed per unit of output 1.6 Standard variable overhead rate per standard direct labor-hour $ 31 Good units produced 60,000 Actual direct labor-hours worked 98,000 Actual total direct labor $ 2,178,000 Direct labor efficiency variance $ 41,000 U Actual variable overhead $ 2,840,000 Required: Compute the direct labor and variable overhead price and efficiency variances. (Do not round intermediate calculations. Indicate the effect of each variance by selecting...
The standard cost of direct labor per hour is $ 12.75 . Two and one half...
The standard cost of direct labor per hour is $ 12.75 . Two and one half standard direct labor hours are allowed per unit of finished goods. During the current​ period, 70 units were produced using 1 comma 600 direct labor hours. The direct labor rate variance is $ 1 comma 300 unfavorable. Calculate the actual cost of direct labor per hour
The records of Norton, Inc. show the following for July. Standard labor-hours allowed per unit of...
The records of Norton, Inc. show the following for July. Standard labor-hours allowed per unit of output 1.7 Standard variable overhead rate per standard direct labor-hour $ 32 Good units produced 60,000 Actual direct labor-hours worked 103,000 Actual total direct labor $ 4,429,000 Direct labor efficiency variance $ 42,000 U Actual variable overhead $ 3,099,000 Required: Compute the direct labor and variable overhead price and efficiency variances. (Do not round intermediate calculations. Indicate the effect of each variance by selecting...
The standards for product G78V specify 6.1 direct labor-hours per unit at $14.10 per direct labor-hour....
The standards for product G78V specify 6.1 direct labor-hours per unit at $14.10 per direct labor-hour. Last month 1,800 units of product G78V were produced using 11,030 direct labor-hours at a total direct labor wage cost of $146,220. Required: a. What was the labor rate variance for the month? b. What was the labor efficiency variance for the month? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero...
The following describes production activities of Mercer Manufacturing for the year. Actual direct materials used 30,000...
The following describes production activities of Mercer Manufacturing for the year. Actual direct materials used 30,000 lbs. at $5.15 per lb. Actual direct labor used 9,150 hours for a total of $186,660 Actual units produced 54,120 Budgeted standards for each unit produced are 0.50 pound of direct material at $5.10 per pound and 10 minutes of direct labor at $21.40 per hour. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate AQ =...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT