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What was the labor rate variance for the month

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Reference no: EM13518355

The standards for product Q58W specify 8.4 direct labor-hours per unit at $14.00 per direct labor-hour. Last month 400 units of product Q58W were produced using 2,800 direct labor-hours at a total direct labor wage cost of $41,020.

Required:

a. What was the labor rate variance for the month?

b. What was the labor efficiency variance for the month?

c. Prepare a journal entry to record direct labor costs during the month, including the direct labor variances.

Reference no: EM13518355

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