Japan Company produces lamps that require 2.25 standard hours per unit at a standard hourly rate of $15.00 per hour. Production of 7,700 units required 19,250 hours at an hourly rate of $14.90 per hour.
What is the direct labor (a) rate variance, (b) time variance, and (c) total cost variance?

Question

Japan Company produces lamps that require 2.25 standard hours per unit at a standard hourly rate of $15.00 per hour. Production of 7,700 units required 19,250 hours at an hourly rate of $14.90 per hour.​
What is the direct labor (a) rate variance, (b) time variance, and (c) total cost variance?

Quizplus · Accepted Answer

The Answer of Japan Company produces lamps that require 2.25 standard hours per unit at a standard hourly rate of $15.00 per hour. Production of 7,700 units required 19,250 hours at an hourly rate of $14.90 per hour.​
What is the direct labor (a) rate variance, (b) time variance, and (c) total cost variance?

Japan Company Produces Lamps That Require 2