Rangoon Inc. used 12,000 direct labor hours in its production process at an actual rate of $16.50 per hour and produced 15,000 units of product. The planned production for the period was 17,000 units. The standard for direct labor hours was 0.7 hours per unit of production and the standard rate was $18.00 per hour. Compute the direct labor cost variance. Group of answer choices -$18,000 favorable $9,000 unfavorable -$27,000 favorable $27,000 unfavorable

Use this information for Flapjack Corporation to answer the question that follow. Flapjack Corporation had 7,784 actual direct labor hours at an actual rate of $12.34 per hour. Original production had been budgeted for 1,100 units, but only 973 units were actually produced. Labor standards were 7.3 hours per completed unit at a standard rate of $13.00 per hour. Round your answer to the nearest cent. The direct labor time variance is $5,121.87 unfavorable $5,121.87 favorable $8,854.30 unfavorable $8,854.30 favorable

Beverly Company has determined a standard variable overhead rate of $4.00 per direct labor hour and expects to incur 0.50 labor hour per unit produced. Last month, Beverly incurred 1,700 actual direct labor hours in the production of 3,500 units. The company has also determined that its actual variable overhead rate is $2.40 per direct labor hour.   Calculate the variable overhead rate and efficiency variances as well as the total amount of over- or underapplied variable overhead. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Variable Overhead Rate Variance $2,720 F Variable Overhead Efficiency Variance $200 F Over or under applied Variable Overhead??- how do I figure this out??

The standard direct labor cost for producing one unit of product is 4 direct labor hours at a standard rate of pay of $20. Last month, 15000 units were produced and 58500 direct labor hours were actually worked at a total cost of $1050000. The direct labor quantity variance was O $45000 favorable. O $30000 favorable. O $45000 unfavorable. O$30000 unfavorable.

Flapjack Corporation had 7,760 actual direct labor hours at an actual rate of $12.04 per hour. Original production had been budgeted for 1,100 units, but only 970 units were actually produced. Labor standards were 7.2 hours per completed unit at a standard rate of $13.00 per hour. Round your answer to the nearest cent. The direct labor time variance is Oa. $7,457.36 unfavorable Ob. $7,457.36 favorable Oc. $10,088.00 unfavorable Od. $10,088.00 favorable

Feagin  Company’s  actual  variable  overhead  was  $73,000.  Actual  direct labor hours  were  25,000  to  make 20,000  finished  products.  The  per-unit standard  for  direct labor hour is 1.5 hours, and the pre-determined variable overhead rate is $3 per direct labor hour. What  were (1) the  variable overhead  spending variance  (2) the variable  overhead efficiency variance?

The standard number of hours that should have been worked for the output attained is 6000 direct labor hours and the actual number of direct labor hours worked was 6300. If the direct labor price variance was $3150 unfavorable and the standard rate of pay was $8.0 per direct labor hour, what was the actual rate of pay for direct labor? $7.50 per direct labor hour $6.50 per direct labor hour $8.50 per direct labor hour O $8.00 per direct labor hour

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Stuart Company established a predetermined fixed overhead cost rate of $35 per unit of product. The company planned to make 6,500 units of product but actually produced only 6,000 units. Actual fixed overhead costs were $235,600. Required a. Determine the fixed cost spending variance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the fixed cost volume variance and indicate whether it is favorable (F) or unfavorable (U). Note: For all requirements, Select "None" if there is no effect (i.e., zero variance). a. Total spending variance b. Total volume variance U U

Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $15.50 per hour. Production of 6,300 units required 12,350 hours at an hourly rate of $16.00 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 $