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Author Question: Wolfe Manufacturing Company has the following direct labor standards:Standard labor hours for each ... (Read 555 times)

M1ch3a

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Wolfe Manufacturing Company has the following direct labor standards:

Standard labor hours for each unit of production11 hours
Standard labor rate per hours$15.10

The following actual data has been provided by Wolfe:

Actual hours worked8,000
Actual direct labor cost$120,000
Actual production800 units

Required:

a.Calculate the direct labor rate variance.
b.Calculate the direct labor efficiency variance.


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Marked as best answer by M1ch3a on Feb 5, 2023

studyforce.com

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M1ch3a

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Reply 2 on: Feb 5, 2023
Excellent


EAN94

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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