Standard and actual costs for direct labor for the manufacture of 1,000 units of product were as follows:

Determine the (a)time variance, (b)rate variance,and (c)total direct labor cost variance.

Question

Standard and actual costs for direct labor for the manufacture of 1,000 units of product were as follows:
  
Determine the (a)time variance, (b)rate variance,and (c)total direct labor cost variance.

Quizplus · Accepted Answer

The Answer of Standard and actual costs for direct labor for the manufacture of 1,000 units of product were as follows:
  
Determine the (a)time variance, (b)rate variance,and (c)total direct labor cost variance.

Standard and Actual Costs for Direct Labor for the Manufacture