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MyEPCC - Services Connect x New Tab C ? secure : https://newconnect.mheducation.com/flow/connect.html Apps N Netflix Watch TV and movi https:/www.myhertb M Inbox (6.717) aliciaMy Schedule and Bookmarks Exam 3 Ch 18, 20 & 21 Saved Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. $7.10/hr) Actual hours worked $2840 per unit 12.550 $7.60 00:53:02Actual rate per hour Multiple Choice $6,275 unfavorable $7000 unfavorable $7000 favorable. $10.295 favorable $6.275 favorable Mc

Explanation / Answer

LABOUR RATE VARIANCE

=(SR-AR)*AH

=($7.1-$7.6)*12550

=$6275 UNFAVOURABLE

2.DIRECT LABOUR EFFICIENCY VARIANCE

(SH-AH)* SR

=( 51000-49000)*$17

= $ 34000 FAVOURABLE

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