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pearfish268Lv1
28 Sep 2019
Standards and Variance Analysis.
Retro Wear manufactures dresses in a small facility in Canton,New York. Information about the production week is as follows:
Standard wage per hour $11.90
Standard labor time perdress 12minutes
Standard number of yards of fabric per dress 3.7 yards
Standard price per yard of fabric $2.85
Actual price per yard of fabric $2.75
Actual yards of fabric used thisweek 12,000yards
Number of dresses made thisweek 3,250
Actual wage perhour $11.00
Actual hours worked this week 690 hours
Required:
Determine: A) the total DIRECT LABOR cost variance, B) the DLrate variance, C) and the DL time variance. Make sure to indicateFavorable or Unfavorable along with your variance amount in youranswer. For credit, your work must be shown.
Standards and Variance Analysis.
Retro Wear manufactures dresses in a small facility in Canton,New York. Information about the production week is as follows:
Standard wage per hour $11.90
Standard labor time perdress 12minutes
Standard number of yards of fabric per dress 3.7 yards
Standard price per yard of fabric $2.85
Actual price per yard of fabric $2.75
Actual yards of fabric used thisweek 12,000yards
Number of dresses made thisweek 3,250
Actual wage perhour $11.00
Actual hours worked this week 690 hours
Required:
Determine: A) the total DIRECT LABOR cost variance, B) the DLrate variance, C) and the DL time variance. Make sure to indicateFavorable or Unfavorable along with your variance amount in youranswer. For credit, your work must be shown.
Trinidad TremblayLv2
28 Sep 2019