2. the direct labor efficiency variance for the period was: 3.The journal entry

Question

2. the direct labor efficiency variance for the period was:

3.The journal entry record the cost of direct labor used in this period includes:

Required information The following information applies to the questions displayed below. Eagle Company uses a standard cost system that has provided the following data: Units of output manufactured: Direct labor: 90 2 hours per unit of product Standard hours allowed: Standard wage rate: Actual direct labor: $16.80 per hour 200 hours, total cost of $3,760 The direct labor rate variance for the period was:

Explanation / Answer

Direct labor rate variance = 3760-(200*16.80)= $400 U 2 Direct labor efficiency variance = 16.8*(200-90*2)= $336 U 3 A debit to Work-In-Process Inventory of $3024 (90*2*16.80)

Related Questions

Navigate

• Browse (All)
• Browse 2
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.