Question : 61. Bartels Corp. produces woodcarvings. It takes two hours of : 1256720

 

 

61. Bartels Corp. produces woodcarvings. It takes two hours of direct labor to produce a carving. Bartels’ standard labor cost is $12 per hour. During August, Bartels produced 10,000 carvings and used 21,040 hours of direct labor at a total cost of $250,376. What is Bartels’ labor rate variance for August?A.  $10,376 unfavorableB.  $2,104 unfavorableC.  $2,104 favorableD.  $12,480 unfavorableE.  $ 12,480 favorable

 

 

62. Bartels Corp. produces woodcarvings. It takes two hours of direct labor to produce a carving. Bartels’ standard labor cost is $12 per hour. During August, Bartels produced 10,000 carvings and used 21,040 hours of direct labor at a total cost of $250,376. What is Bartels’ labor efficiency variance for August?A.  $10,376 unfavorableB.  $2,104 unfavorableC.  $2,104 favorableD.  $12,480 unfavorableE.  $ 12,480 favorable

 

 

 

 

 

 

 

 

 

 

 

 

63. Bartels Corp. produces woodcarvings. It takes two hours of direct labor to produce a carving. Bartels’ standard labor cost is $12 per hour. During August, Bartels produced 10,000 carvings and used 21,040 hours of direct labor at a total cost of $250,376. What is Bartels’ labor cost variance for August?A.  $10,376 unfavorableB.  $2,104 unfavorableC.  $2,104 favorableD.  $12,480 unfavorableE.  $ 12,480 favorable

 

 

64. Use the following data to find the total direct labor cost variance: 

Direct labor standard (4 hrs. @ $7/hr.)

$28 per unit

Actual hours worked per unit

3.5 hours

Actual units produced

3,500 units

Actual rate per hour

$7.50

A.  $6,125 unfavorableB.  $7,000 unfavorableC.  $7,000 favorableD.  $12,250 favorableE.  $6,125 favorable

 

 

 

 

 

 

 

65. Use the following data to find the direct labor rate variance. 

Direct labor standard (4 hrs. @ $7/hr.)

$28 per unit

Actual hours worked per unit

3.5 hours

Actual units produced

3,500 units

Actual rate per hour

$7.50

A.  $6,125 unfavorableB.  $7,000 unfavorableC.  $7,000 favorableD.  $12,250 favorableE.  $6,125 favorable

 

 

66. Use the following data to find the direct labor efficiency variance. 

Direct labor standard (4 hrs. @ $7/hr.)

$28 per unit

Actual hours worked per unit

3.5 hours

Actual units produced

3,500 units

Actual rate per hour

$7.50

A.  $6,125 unfavorableB.  $7,000 unfavorableC.  $7,000 favorableD.  $12,250 favorableE.  $6,125 favorable

 

 

 

 

67. The following company information is available for January: 

Direct materials used

2,500 feet @ $55 per foot

Standard costs for direct materials for January production

2,600 feet @ $53 per foot

The direct material price variance is:A.  $5,000 favorableB.  $  300 favorableC.  $5,300 unfavorableD.  $5,000 unfavorableE.  $5,300 favorable

 

 

68. The following company information is available for January: 

Direct materials used

2,500 feet @ $55 per foot

Standard costs for direct materials for January production

2,600 feet @ $53 per foot

The direct material quantity variance is:A.  $5,000 favorableB.  $300 favorableC.  $5,300 unfavorableD.  $5,000 unfavorableE.  $5,300 favorable

 

 

 

 

 

 

 

69. The following company information is available: 

Direct materials used for production

36,000 gallons

Standard quantity for units produced

34,400 gallons

Standard cost per gallon of direct material

$6.00

Actual cost per gallon of direct material

$6.10

The direct materials quantity variance is:A.  $10,000 unfavorableB.  $13,200 unfavorableC.  $9,600 unfavorableD.  $3,600 unfavorableE.  $13,200 favorable

 

 

70. The following company information is available: 

Direct materials used for production

36,000 gallons

Standard quantity for units produced

34,400 gallons

Standard cost per gallon of direct material

$6.00

Actual cost per gallon of direct material

$6.10

The direct materials price variance is:A.  $10,000 unfavorable B.  $13,200 unfavorableC.  $9,600 unfavorableD.  $3,600 unfavorableE.  $13,200 favorable