Question :
76. If the wage rate paid per hour differs from the : 1227014
76. If the wage rate paid per hour differs from the standard wage rate per hour for direct labor, the variance is termed a: A. variable varianceB. rate varianceC. quantity varianceD. volume variance
77. If the actual direct labor hours spent producing a commodity differ from the standard hours, the variance is termed a: A. time varianceB. price varianceC. quantity varianceD. rate variance
78. The following data relate to direct labor costs for the current period:
Standard costs
7,500 hours at $11.50
Actual costs
6,000 hours at $12.00
What is the direct labor time variance? A. $3,000 favorableB. $15,000 unfavorableC. $2,400 favorableD. $17,250 favorable
79. The following data relate to direct labor costs for the current period:
Standard costs
6,000 hours at $12.00
Actual costs
7,500 hours at $11.60
What is the direct labor rate variance? A. $15,000 unfavorableB. $3,000 favorableC. $17,400 unfavorableD. $2,400 favorable
80. The following data relate to direct labor costs for the current period:
Standard costs
9,000 hours at $5.50
Actual costs
8,750 hours at $5.75
What is the direct labor rate variance? A. $2,250.00 unfavorableB. $2,187.50 unfavorableC. $1,438.00 favorableD. $1,375.00 favorable
81. The following data relate to direct labor costs for the current period:
Standard costs
36,000 hours at $22.50
Actual costs
35,000 hours at $23.00
What is the direct labor time variance? A. $17,500 unfavorableB. $18,000 unfavorableC. $5,000 favorableD. $22,500 favorable
82. The standard costs and actual costs for direct labor for the manufacture of 2,500 actual units of product are as follows:
Standard Costs
Direct labor
7,500 hours @ $12.00
Actual Costs
Direct labor
7,400 hours @ $11.40
The amount of the direct labor rate variance is: A. $4,440 unfavorableB. $4,500 favorableC. $4,440 favorableD. $4,500 unfavorable
83. The standard costs and actual costs for direct materials, direct labor, and factory overhead for the manufacture of 2,500 units of product are as follows:
Standard Costs
Direct labor
7,500 hours @ $12.00
Actual Costs
Direct labor
7,400 hours @ $11.40
The amount of the direct labor time variance is: A. $1,200 favorableB. $1,140 unfavorableC. $1,200 unfavorableD. $1,140 favorable
84. The following data relate to direct labor costs for February:
Actual costs
7,700 hours at $14.00
Standard costs
7,000 hours at $15.00
What is the direct labor time variance? A. $7,700 favorableB. $7,700 unfavorableC. $10,500 unfavorableD. $10,500 favorable
85. The following data relate to direct labor costs for February:
Actual costs
7,700 hours at $14.00
Standard costs
7,000 hours at $15.00
What is the direct labor rate variance? A. $7,000 favorableB. $7,000 unfavorableC. $7,700 favorableD. $7,700 unfavorable
