The following data relate to direct labor costs for the current period: Standard costs 7,499 hours at $11.90 Actual costs 6,178 hours at $10.80 What is the direct labor time variance? a. $22,516 unfavorable. b. $6,796 favorable. c. $22,516 favorable. d. $15,720 favorable.
The following data relate to direct labor costs for the current period: Standard costs 7,499 hours at $11.90 Actual costs 6,178 hours at $10.80 What is the direct labor time variance? a. $22,516 unfavorable. b. $6,796 favorable. c. $22,516 favorable. d. $15,720 favorable.
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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General Accounting
Transcribed Image Text:The following data relate to direct labor costs for the current
period:
Standard costs 7,499 hours at $11.90
Actual costs 6,178 hours at $10.80
What is the direct labor time variance?
a. $22,516 unfavorable.
b. $6,796 favorable.
c. $22,516 favorable.
d. $15,720 favorable.
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