Calculate the labor rate variance for the month of august

Assignment Help Managerial Accounting

Reference no: EM133417410

Question: Tech Company produces computer servers. The company's standards show an expected direct labor rate of $20 per hour and that each server will require 10 hours of direct labor. Tech's direct labor workforce worked 3,200 hours to produce 300 units during the month of August for a total direct labor cost of $70,400.

Calculate the labor rate variance for the month of August. Clearly indicate if the variance is favorable or unfavorable.
Calculate the labor efficiency variance for the month of August. Clearly indicate if the variance is favorable or unfavorable.

Reference no: EM133417410

Questions Cloud

What does schrauwers describe as the political economy : What does Schrauwers describe as the political economy of kinship in Indonesia? And how does Weismantel (1995) present the specific ideas and practices

Draw a random kinship diagram to generations to reflect : Draw a random kinship diagram to generations to reflect kinship in a bilateral/bilineal descent system (at its simplest, this will have two sets of grandparen

What are risk transfer and pooling losses : What are risk transfer and pooling losses? Why would an organization need to do this?

How do we give communities that are underprivileged : How do we give communities that are underprivileged the tools to fight environmentalism? Aren't there more important things for them to worry about in their

Calculate the labor rate variance for the month of august : Calculate the labor rate variance for the month of August. Clearly indicate if the variance is favorable or unfavorable. Calculate the labor efficiency variance

Essays on the social situation of mental patients : Essays on the Social Situation of Mental Patients and Other Inmates. New York: Anchor Books

How did early long distance trade routes : How did early long distance trade routes, the triangle trade and anti- colonial struggles played a role in the root of today's global economy?

What criteria would you use for your evaluation : If you were to evaluate the success of an anthropology project, what criteria would you use for your evaluation

How many units would have to be sold to yield a target : How many units would have to be sold to yield a target operating income of 22,000, assuming variable costs are? $15 per? unit, total fixed costs are 2,000

User Account

All Pages