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Author Question: Assembly line workers at Thompson Manufacturing worked a total of 12,000 direct labor hours to ... (Read 40 times)

bvyeehaw

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Question 1

If the actual average wage rate is $4.50 per direct labor hour, but the standard wage rate is $4.70 per direct labor hour, the direct labor
◦ rate variance will be unfavorable.
◦ efficiency variance will be unfavorable.
◦ rate variance will be favorable.
◦ efficiency variance will be favorable.

Question 2

Assembly line workers at Thompson Manufacturing worked a total of 12,000 direct labor hours to produce 36,000 units. The standard for producing one unit is 15 minutes at a wage rate of $10.00. If the actual wage rate was $10.50 per direct labor hour, Thompson's direct labor rate variance is
◦ $4,500 favorable
◦ $6,000 unfavorable
◦ $4,500 unfavorable
◦ $6,000 favorable


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Marked as best answer by bvyeehaw on Feb 5, 2023

mamboz

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bvyeehaw

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


fatboyy09

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Reply 3 on: Yesterday
:D TYSM

 

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