The standards for product G78V specify 5.5 direct labor-hours per unit at $13.50 per direct labor-hour. Last month 1,740 units of product G78V were produced using 9,600 direct labor-hours at a total direct labor wage cost of $122,220.Required:a. What was the labor rate variance for the month?b. What was the labor efficiency variance for the month?

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The Answer of The standards for product G78V specify 5.5 direct labor-hours per unit at $13.50 per direct labor-hour. Last month 1,740 units of product G78V were produced using 9,600 direct labor-hours at a total direct labor wage cost of $122,220.Required:a. What was the labor rate variance for the month?b. What was the labor efficiency variance for the month?

The Standards for Product G78V Specify 5