Question

5 ???? salam Company's standard labor-1 cost per unit of output is $22 (2 hours * $11per hour). During August, the company incurs 2,100 hours of direct labor at an hourly cost of $10.80 per hour in making 1,000 units of finished product. Compute the quantity labor .variances (a) 1100 UF (b) 1000 F (c) 1100 F (d) 1000 UF

          5 ???? salam Company's standard labor-1
cost per unit of output is $22 (2
hours * $11per hour). During
August, the company incurs 2,100
hours of direct labor at an hourly
cost of $10.80 per hour in making
1,000 units of finished product.
Compute the quantity labor
.variances
(a) 1100 UF
(b) 1000 F
(c) 1100 F
(d) 1000 UF

5 ???? salam Company's standard labor-1
cost per unit of output is 22 (2
hours *11per hour). During
August, the company incurs 2,100
hours of direct labor at an hourly
cost of 10.80 per hour in making
1,000 units of finished product.
Compute the quantity labor
.variances
(a) 1100 UF
(b) 1000 F
(c) 1100 F
(d) 1000 UF

Added by Lance B.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert Benjamin Densmore

Step 1

The standard labor cost per unit is $22, and we made 1,000 units, so the standard labor cost for the actual output is 1,000 units * $22 per unit = $22,000. Show more…

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I need the answer quickly. 5. Salam Company's standard labor cost per unit of output is $22 (2 hours * $11 per hour). During August, the company incurs 2,100 hours of direct labor at an hourly cost of $10.80 per hour in making 1,000 units of finished product. Compute the quantity labor variances. a) 1,100 UF b) 1,000 F c) 1,100 F d) 1,000 UF