Breakaway Company's labor information for May is as follows: Actual direct labor hours worked. 47,000 Standard direct labor hours allowed. 46,200 Total payroll for direct labor $1,099,800 Direct labor time variance $18,320 (unfavorable) A. What is the actual direct labor rate per hour? Round your answer to two decimal places. Actual direct labor rate $ per hour B. What is the standard direct labor rate per hour? Round your answer to two decimal places. Standard direct labor rate $ C. What was the total standard direct labor cost for May? Total standard direct labor cost s per hour D. What was the direct labor rate variance for May? Direct labor rate variance $

Breakaway Company's labor information for May is as follows: Actual direct labor hours worked. 47,000 Standard direct labor hours allowed. 46,200 Total payroll for direct labor $1,099,800 Direct labor time variance $18,320 (unfavorable) A. What is the actual direct labor rate per hour? Round your answer to two decimal places. Actual direct labor rate $ per hour B. What is the standard direct labor rate per hour? Round your answer to two decimal places. Standard direct labor rate $ C. What was the total standard direct labor cost for May? Total standard direct labor cost s per hour D. What was the direct labor rate variance for May? Direct labor rate variance $

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Description: Breakaway Company's labor information for May is as follows:Actual direct labor hours workedStandard direct labor hours allowedTotal payroll for direct laborDirect labor time variance$18,320 (unfavorable)A. What is the actual direct labor rate per h

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 8PA: Breakaway Companys labor information for May is as follows: A. What is the actual direct labor rate...

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1: Breakaway Company's labor information for May is as follows: Actual direct labor hours worked Standard direct labor hours allowed Total payroll for direct labor Direct labor time variance 1. What is the actual direct labor rate per hour? 2. What is the standard direct labor rate per hour? 3. What was the total standard direct labor cost for May? 4. What was the direct labor rate variance for May? 48,000 47,400 $1,128,000 $ 13,800 (unfavorable)
TB MC Qu. 14-67 (Static) The actual direct labor rate per hour (AP) for February: Lucky Company Lucky Company's direct labor information for the month of February is as follows: Actual direct labor hours worked (AQ) Standard direct labor hours allowed (SQ) Total payroll for direct labor Direct labor efficiency variance The actual direct labor rate per hour (AP) for February was: Multiple Choice. O O O O $12.60. $13.20. $12.30. $12.00. $13.50. 61,500 63,000 $ 774,900 $ 18,000
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