Chick-Fil-A are the Lord’s Calories (CLC) had the following direct labor amounts for the period:     Standard Actual Quantity 2,000 hours 2,800 hours Price $18.00 per hour $12.00 per hour   What is the price variance?  $16,800 favorable price variance $12,000 unfavorable price variance $8,000 favorable price variance $2,400 unfavorable price variance

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A firm expected to spend $6 per hour for three hours of direct labor to manufacture one unit of inventory. The firm spent $5 per hour for four hours to make one unit of inventory. The unit direct labor price variance was Select one: a. $4 Favorable. b. $4 Unfavorable. c. $2 Unfavorable. d. $2 Favorable.

xam Direct Labor Variances Dvorak Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $17 per hour. If 1,000 units required 2,800 hours at an hourly rate of $16.50 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance b. Direct labor time variance C. Total direct labor cost variance

The following data relate to labor cost for production of 3,300 cellular telephones: Actual: 2,210 hrs. at $14.20Standard: 2,180 hrs. at $14.40 a.  Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Line Item Description Amount Variance Rate variance $fill in the blank 1     Time variance $fill in the blank 3     Total direct labor cost variance $fill in the blank 5

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Direct Labor Variances The following data relate to labor cost for production of 3,800 cellular telephones: Actual: 2,600 hrs. at $14.20 Standard: 2,560 hrs. at $14.50 a.  Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Rate variance $fill in the blank 1     Time variance $fill in the blank 3     Total direct labor cost variance $fill in the blank 5     b.  The employees may have been less-experienced workers who were paid less than more-experienced workers or poorly trained, thereby resulting in a     labor rate than planned. The lower level of experience or training may have resulted in     efficient performance. Thus, the actual time required was     than standard.

Woody Company produces a product that requires 2 standard gallons per unit. The standard price is $20 per gallon. If 4,000 units required 8,200 gallons which were purchased at $19.75 per gallon, what is the direct materials: A. price variance B. quantity variance C. cost variance

Japan Company produces lamps that require 3 standard hours per unit at a standard hourly rate of $20.10 per hour. Production of 4,600 units required 13,390 hours at an hourly rate of $20.50 per hour. What is the direct labor (a) rate variance, (b) time variance, and (c) total cost variance? Enter favorable variances as negative numbers. a.  Direct labor rate variance     b.  Direct labor time variance     c.  Total direct labor cost variance