Tippi Company produces lamps that require 2.25 standard hours per unit at an hourly rate of $15.00 per hour. Production of 7,700 units required 17,550 hours at an hourly rate of $15.20 per hour. What...


Tippi Company produces lamps that require 2.25 standard hours per unit at an hourly rate of $15.00 per hour. Production of 7,700 units required 17,550 hours at an hourly rate of $15.20 per hour. What are the following direct labor variances?
Enter favorable variances as negative numbers





















a.Rate variance
$ ?Favorable or Unfavorable?

b.Time variance
$ ?Favorable or Unfavorable?

c.Cost variance
$ ?Favorable or Unfavorable?


Jun 01, 2022
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