Clark Company manufactures a product with a standard direct labor cost of two ho
ID: 2459552 • Letter: C
Question
Clark Company manufactures a product with a standard direct labor cost of two hours at $16.87 per hour. During July, 2,232 units were produced using 4,267 hours at $15.96 per hour. The labor quantity variance was $ Format: Round all calculations to two decimal places. Your answer should be a number rounded to two decimal places. If the variance is favorable, your answer should be negative, if the variance is unfavorable, your answer should be positive. For negative numbers, use the - sign without a space. Do not use a $ sign.Explanation / Answer
Labour Quantity Variance= ( Standard Hours- Actual Hours)* Standard Rate ( 16.87-15.96)*4267 3882 Unfavourable
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