Check my work mode : This shows what is correc ct or incorrect for the work you

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Check my work mode : This shows what is correc ct or incorrect for the work you have completed so far. It does not Hours per Hour Cost 18 minutes $5.10 During August, 5,750 hours of direct labor time were needed to make 20,000 ur $102,350 for the month. its of the Jogging Mate. The direct labor cost totaled Required 1. What is the standard labor-hours allowed (SH-) to makes 20,000 Jogging Mates? 2. What is the standard labor cost allowed (SH SR) to make 20,000 Jogging Mates? What is the labor spending variance? 4 What is the labor rate variance and the labor efficiency variance? variable manufacturing overhead cost Compute the variable overhead rate and efficiency variances for the month (For requirements 3 through 5, indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" udgeted variable manufacturing overhead rate is $4 per direct labor-hour During August, the company incurred $21850 in for no effect (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations.) Answer is not complete. 1. Standard labor-hours allowed 2 Standard labor cost 3 Labor spending variance 6,000 $102,000 350 allowed , $ 4,600 U Labor rate vanance Labor efficiency variance Variable overhead rate variance Variable overhead efficiency vaiance K Prev 3 of 4E Next > here to search

Explanation / Answer

4. Budgeted O/H = Budgeted hrs x Budgeted Rate = 6000 hours x $4 = 24000

Variable rate variance = (SR-AR)AH = (4-*3.80)x5750 hours = 1150 (F)

Variable efficiency variance = (SH-AH)SR = (6000-5750)x$4 = 1000 (F)

*21850/5750 = $3.80

Note: Variable hours always equal to Direct labour hours

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