Solution-What is the direct labor time variance

What is the direct labor time variance

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Reference no: EM131790065

Problem

The following data relate to direct labor costs for the current period:

Standard costs 36,000 hours at $22.00
Actual costs 35,000 hours at $23.00

What is the direct labor time variance?

a. $35,000 unfavorable
b. $22,000 favorable
c. $36,000 unfavorable
d. $23,000 favorable.

Reference no: EM131790065

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What is the direct labor time variance

Reference no: EM131790065

Reference no: EM131790065

Questions Cloud

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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