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What is the direct labor usage variance

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Reference no: EM133095293

Question - Michelle, Inc. evaluates manufacturing overhead in its factory by using variance analysis. The following information applies to the month of May:

 

Actual

Budget

Number of frames manufactured

19,000

20,000

Variable overhead costs

P4,100

P2 per direct labor hour

Fixed overhead costs

P22,000

P20,000

Direct labor hours

2,100

0.1 hours per frame

Labor payroll

P10,500

P4.50 per direct labor hour

Required -

1. What is the direct labor usage variance?

2. What is the direct labor rate variance?

Reference no: EM133095293

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