Reference no: EM132752935
Problem 1: The number of units expected to be sold in May is
a. 28,920
b. 24,100
c. 14,600
d. 21,690
Problem 2: The standard costs and actual costs for direct labor in the manufacture of 2,500 units of product are as follows:
Standard Costs
Direct labor 7,500 hours at $11.80
Actual Costs
Direct labor 7,400 hours at $11.40
The direct labor time variance is
a. $1,140 unfavorable
b. $1,180 unfavorable
c. $1,140 favorable
d. $1,180 favorable
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