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What hanson labor rate variance for the week was

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Reference no: EM132740936

Hanson Inc. has the following direct labor standard to manufacture one Zippy

1.5 standard hours per Zippy at $12.00 per direct labor hour

Last week, 1,550 direct labor hours were worked at a total labor cost of $18,910 to make 1,000 Zippies.

Problem 1: Hanson's labor rate variance (LRV) for the week was:

a. $310 unfavorable

b. $310 favorable

c. $300 unfavorable

d. $300 favorable

Problem 2: Hanson's labor efficiency variance (LEV) for the week was:

a. $590 unfavorable.

b. $590 favorable.

c. $600 unfavorable.

d. $600 favorable

Reference no: EM132740936

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