The following direct labor standards have been established for product H91D:
The following data pertain to the most recent month's operations during which 3,860 units of product H91D were made:
Required:
a.What was the labor rate variance for the month?
b.What was the labor efficiency variance for the month?
c.Prepare a journal entry to record direct labor costs during the month,including the direct labor variances.

Question

The following direct labor standards have been established for product H91D:   
The following data pertain to the most recent month's operations during which 3,860 units of product H91D were made:  
Required:
a.What was the labor rate variance for the month?
b.What was the labor efficiency variance for the month?
c.Prepare a journal entry to record direct labor costs during the month,including the direct labor variances.

Quizplus · Accepted Answer

The Answer of The following direct labor standards have been established for product H91D:   
The following data pertain to the most recent month's operations during which 3,860 units of product H91D were made:  
Required:
a.What was the labor rate variance for the month?
b.What was the labor efficiency variance for the month?
c.Prepare a journal entry to record direct labor costs during the month,including the direct labor variances.

The Following Direct Labor Standards Have Been Established for Product