Golden Glow Company manufactures candles.The standard direct materials quantity required to produce one large candle is 1 pound at a cost of $5 per pound.Every candle requires 2 direct labor hours at a standard cost of $3 per direct labor hour.During November,7,200 large candles were produced using 7,500 pounds costing $45,000.At the end of November,an examination of the labor cost records showed that the company used 15,000 direct labor hours (DLHr)at a cost of $4 per hour.
Using the format below,prepare an analysis of the direct labor cost variances.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q120: Firelight Company manufactures candles.The standard direct materials
Q124: Stafford Company uses standard costs for
Q124: The production manager of a company,in an
Q126: Judd Company uses standard costs for
Q127: List the direct labor variances and briefly
Q130: Porter Company uses standard costs for
Q133: A company's production department was experiencing a
Q137: A new factory manager was hired for
Q159: Cavalaris Products uses a standard cost system.Variable
Q160: Marshall Company uses a standard cost system.Variable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents