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What was the total standard cost for direct labour for May? and What are the sta

ID: 2504026 • Letter: W

Question


What was the total standard cost for direct labour for May? and What are the standard hours allowed to make one unit of finished product?

Labour rate variance $7,000 favourable Labour efficiency variance $12,000 favourable variable overhead efficiency variance $4,000 favourable Number of units produced 10,000 Standard Labour rate per direct labour hour $12 Standard variable overhead rate per direct labour hour $4 Actual labour hours used 14,000 Actual variable manufacturing overhead costs $58,290

Explanation / Answer

1) $18000


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