Reference no: EM132967829

Question - Longman, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.4 hour per? glass, at a cost of $18 per hour. The actual results for one? month's production of 7,000 glasses were 0.3 hours per? glass, at a cost of $12 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).