Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows: Determine the direct labor
(a) time variance,
(b) rate variance, and
(c) total cost variance.

Question

Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows:​​  Determine the direct labor 
(a) time variance, 
(b) rate variance, and 
(c) total cost variance.

Quizplus · Accepted Answer

The Answer of Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows:​​  Determine the direct labor 
(a) time variance, 
(b) rate variance, and 
(c) total cost variance.

Standard and Actual Costs for Direct Labor for the Manufacture