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would like to double check my answers for work please! please show work and expl

ID: 2526635 • Letter: W

Question


would like to double check my answers for work please! please show work and explain in detail. please follow directions carefully.

Ci > Login od Quiz Chapter 22 n/takeAssignment takeÄssignmentMain.do invoker &takeAssignmentsessionLocator; assignment-take&inprogress-false; Tippi Company produces lamps that require 2.25 standard hours per unit at an hourly rate of $15.00 per hour. Production of 7,700 units required 17,550 hours at an hourly rate of $15.20 per hour. what is the direct labor for the following: a. Rate variance b. Time variance c. Cost variance 3,510 3,375 6,885 Unfavorable Unfavorable Unfavorable 1018 PM ENG A/18/2018 FS Fo FV F8 F9 F10 F11 F12 PrtSer Delete ?

Explanation / Answer

As per policy detail explanation of only first question will be given

Rate variance = AH * (AR - SR) =17550*(15.20-15)= 3510 Unfavorable

Time variance = SR *(AH - SH)

SH = 7700*2.25=17325

= 15*(17550-17325)=3375 unfavorable

Cost variance =3510 Unfavorable + 3375 Unfavorable = 6885 Unfavorable