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The standard cost of product 2525 includes 1.83 ho...

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The standard cost of product 2525 includes 1.83 hours of direct labor at $13.90 per hour. The predetermined overhead rate is $20.60 per direct labor hour. During July, the company incurred 4,260 hours of direct labor at an average rate of $14.60 per hour and $69,276 of manufacturing overhead costs. It produced 1,900 units. (a) Compute the total, price, and quantity variances for labor. Total labor variance $ unfavorable Labor price variance $ unfavorable Labor quantity variance $ unfavorable (b) Compute the total overhead variance. $ favorable,Please the answer is not correct.,The following are not correct. a.Total labor variance b.Labor price variance c.Labor quantity variance,Highlighted in yellow are all wrong. Thanks

 

Paper#1225 | Written in 18-Jul-2015

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