What was the total standard cost for direct labour for May? and What are the sta
ID: 2504026 • Letter: W
Question
What was the total standard cost for direct labour for May? and What are the standard hours allowed to make one unit of finished product?
Labour rate variance $7,000 favourable Labour efficiency variance $12,000 favourable variable overhead efficiency variance $4,000 favourable Number of units produced 10,000 Standard Labour rate per direct labour hour $12 Standard variable overhead rate per direct labour hour $4 Actual labour hours used 14,000 Actual variable manufacturing overhead costs $58,290Explanation / Answer
1) $18000