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The standards for product G78V specify 4.1 direct labor-hours per unit at $12.10 per direct ...

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The standards for product G78V specify 4.1 direct labor-hours per unit at $12.10 per direct ...

The standards for product G78V specify 4.1 direct labor-hours per unit at $12.10 per direct labor-hour. Last month 1,600 units of product G78V were produced using 6,600 direct labor-hours at a total direct labor wage cost of $77,220.

Required:

a. What was the labor rate variance for the month?

b. What was the labor efficiency variance for the month?

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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Thanks for your help!!

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