Compute the Standard Direct Labor Rate Per Hour
Volume variances are due to the difference between expected production and actual production and therefore never need to be investigated. This 1 difference is multiplied by the 50 actual hours resulting in a 50 favorable direct labor rate variance. 10 7 Direct Labor Variances Financial And Managerial Accounting 84000 - 83000 1000 Unfavorable. . Compute the labor rate variance and the labor efficiency variance for each employee and for the entire night shift. Inc makes two sizes of box springs. Calculate the value of labor rate variance. Charges factory overhead into production at the rate of 10 per direct labor hour based on a standard production of 15000 direct labor hours for 15000 units. A company has a favorable direct labor. There are 9 regularly scheduled overtime hours and 10 irregular overtime hours beyond the 40-hour basic workweek but because the weekly overtime standard is 4275 the overtime hours are 1625 instea