Please do not give solution in image format thanku Problem 6Coats Tiren Ltd manufacturers a particular product, the standard direct labour cost of which is $120per unit, whose manufacturer involves the following:Grade ofworkersAABGrade ofworkersBHours30Hours203,20050120During a period, 100 units of the product were produced, the actual labour cost of which was asfollows:1,900Rate$5,100Rate$2Calculate (a) Labour cost Variance (b) Labour Rate Variance(c) Labour Efficiency Variance (c) Labour Mix Variance31.5Amount$460Amount$604,8007,60012,400

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Labour Cost Variance = Standard Labour Cost - Actual Labour CostLabour Rate Variance = Actual Time x…

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Problem 6 Coats Tiren Ltd manufacturers a particular product, the standard direct labour cost of which is $120 per unit, whose manufacturer involves the following: Grade of workers A A B Grade of workers B Hours 30 Hours 20 3,200 1,900 Rate 50 120 During a period, 100 units of the product were produced, the actual labour cost of which was as follows: 5,100 $ Rate $ 2 Calculate (a) Labour cost Variance (b) Labour Rate Variance (c) Labour Efficiency Variance (c) Labour Mix Variance 3 1.5 Amount $ 4 60 Amount $ 60 4,800 7,600 12,400

Problem 6 Coats Tiren Ltd manufacturers a particular product, the standard direct labour cost of which is $120 per unit, whose manufacturer involves the following: Grade of workers A A B Grade of workers B Hours 30 Hours 20 3,200 1,900 Rate 50 120 During a period, 100 units of the product were produced, the actual labour cost of which was as follows: 5,100 $ Rate $ 2 Calculate (a) Labour cost Variance (b) Labour Rate Variance (c) Labour Efficiency Variance (c) Labour Mix Variance 3 1.5 Amount $ 4 60 Amount $ 60 4,800 7,600 12,400

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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