Brookman, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.5 hour per​ glass, at a cost of $11 per hour. The actual results for one​ month's production of 6,800 glasses were...





Brookman, Inc.

manufactures lead crystal glasses. The standard direct labor time is
0.5

hour per​ glass, at a cost of
$11

per hour. The actual results for one​ month's production of
6,800

glasses were
0.4

hours per​ glass, at a cost of
$10

per hour. Calculate the direct labor cost variance and the direct labor efficiency variance.






Select the​ formula, then enter the amounts and compute the cost variance for direct labor and identify whether the variance is favorable​ (F) or unfavorable​ (U).



















(



Actual Cost



-



Standard Cost



)


×



Actual Quantity



=


Direct Labor Cost Variance






















(



$10




-



$11




)


×



2,720



=



$2,720




F





Select the​ formula, then enter the amounts and compute the efficiency variance for direct labor and identify whether the variance is favorable​ (F) or unfavorable​ (U).



















(



Actual Quantity



-



Standard Quantity



)


×



Standard Cost



=


Direct Labor Efficiency Variance






















(






-






)


×






=







(1)










(1)





F



U
















YOU​ ANSWERED:




















(


11


-


10


)


×


2720


=


2720


F










Jun 10, 2022
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