Hatch has a standard of 2.9 hours of labor per unit, at $11.40 per hour. In producing 1780 units, Hatch used 5,300 hours of labor at a total cost of $57.200. What is Hatch's total labor variance? a. $1,647 Favorable. b. $1,647 Unfavorable. c. $3,220 Unfavorable. d. $3,220 Favorable.
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- At the beginning of the year, Lopez Company had the following standard cost sheet for one of its chemical products: Lopez computes its overhead rates using practical volume, which is 80,000 units. The actual results for the year are as follows: (a) Units produced: 79,600; (b) Direct labor: 158,900 hours at 18.10; (c) FOH: 831,000; and (d) VOH: 112,400. Required: 1. Compute the variable overhead spending and efficiency variances. 2. Compute the fixed overhead spending and volume variances.The standard number of hours that should have been worked for the output attained is 6,000 direct labor hours and the actual number of direct labor hours worked was 6,300. If the direct labor price variance was $3,150 unfavorable, and the standard rate of pay was $9 per direct labor hour, what was the actual rate of pay for direct labor? Select one: a. $7.50 per direct labor hour b. $8.50 per direct labor hour c. $9.50 per direct labor hour d. $9.00 per direct labor hour e. $9.80 per direct labor hourCan you show me how this is done? Bailey’s standard labor cost of producing one unit of Product DD is 1.7 hours at a rate of $12.9 per hour. During August, 1,462 hours were incurred at a cost of $11.8 per hour to produce 1,257 units of Product DD. Bailey’s direct labor rate variance is $__________ Indicate the amount and whether it is Favorable or Unfavorable by placing F or U by amount, do not skip a space and do not use $ in your answer. For example, if your answer is $1,000 favorable, answer 1000F Selected Answer: 8.24 Correct Answer: 1,608 ± 1 (F)
- Can you show me how this is done? How do I know if it is favorable or unfavorable? Bailey’s standard labor cost of producing one unit of Product DD is 1.8 hours at a rate of $10.1 per hour. During August, 2,515 hours were incurred at a cost of $12.9 per hour to produce 1,087 units of Product DD. Bailey’s direct labor efficiency variance is $__________ Indicate the amount and whether it is Favorable or Unfavorable by placing F or U by amount, do not skip a space and do not use $ in your answer. For example, if your answer is $1,000 favorable, answer 1000F Selected Answer: -5,639.84U Correct Answer: 5,640 ± 1 (U)Yang’s standard labor cost of producing one unit of Product One is 1.7 hours at a rate of $11.1 per hour. During September, 1,558 hours were incurred at a cost of $12.7 per hour to produce 1,299 units of Product One. what is Yang’s direct labor efficiency varianceThe per-unit standards for direct labor are 1.4 direct labor hours at $13 per hour. If in producing 2800 units, the actual direct labor cost was $45200 for 3400 direct labor hours worked, the total direct labor variance is $5760 favorable. $2360 unfavorable. $5760 unfavorable. $2800 unfavorable.
- Bailey’s standard labor cost of producing one unit of Product DD is 1.8 hours at a rate of $12.4 per hour. During August, 1,436 hours were incurred at a cost of $11.1 per hour to produce 1,134 units of Product DD. Bailey’s direct labor rate variance is $__________ Indicate the amount and whether it is Favorable or Unfavorable by placing F or U by amount, do not skip a space and do not use $ in your answer. For example, if your answer is $1,000 favorable, answer 1000F Selected Answer: 9,371.28F Correct Answer: 1,867 ± 1 (F)Need answer the questionThe standard number of hours that should have been worked for the output attained is 10,000 direct labor hours and the actual number of direct labor hours worked was 10,500. If the direct labor rate variance was P10,500 unfavorable, and the standard rate of pay was P12 per direct labor hour, what was the actual rate of pay for direct labor? A. P11 per hour B. P9 per hour C. P13 per hour D. P12 per hour
- Vaughn has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3400 units, Vaughn used 6500 hours of labor at a total cost of $79300. Vaughn's labor quantity variance is $3660 F. $1300 F. $1300 U. $3600 F.The Russell Company provides the following standard cost data per unit of product: Direct material (2 gallons @ $2 per gallon) Direct labor (1 hours @ $13 per hour) During the period, the company produced and sold 23,000 units, incurring the following costs: Direct material 49,000 gallons @ $ 1.90 per gallon Direct labor 23,500 hours @ $ 12.75 per hour The direct labor price variance was: Multiple Choice O O O $5,875 favorable. $5,750 favorable. $5,875 unfavorable. $5,750 unfavorable. $ 4.00 $ 13.00 4Assume the following: • The standard labor rate per hour is $17.50. • The standard labor-hours allowed per unit of finished goods is 3 hours. • The actual quantity of labor hours worked during the period was 44,600 hours. • The total actual direct labor cost for the period was $726,000. • The company produced 15,000 units of finished goods during the period. What is the labor efficiency variance? Multiple Choice $7,000 U $7,000 F $54,500 U $54,500 F