Solution-Compute the direct labor cost variance

Compute the direct labor cost variance

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Reference no: EM131796058

Sunshine Corp. reports the following information regarding the production on one of its products for the month. Compute the direct labor cost variance, the direct labor rate variance, the direct labor efficiency variance and identify each as either favorable or unfavorable.

Direct labor standard (2 hrs. @ $12/hr.)	$30 per finished unit
Actual direct labor hours	85,000 hrs.
Actual finished units produced	60,000 units
Actual cost of direct labor	$1,450,000

Reference no: EM131796058

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Compute the direct labor cost variance

Reference no: EM131796058

Reference no: EM131796058

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