The standard hours per unit includes both direct and indirect labor hours.True false question.TrueFalse

The amount of direct-labor hours that should be used to produce one unit of finished goods is the hours per unit

The following information describes a company’s usage of direct labor in a recent period. The total direct labor variance is: Actual hours used 48,000Actual rate per hour $ 14.00Standard rate per hour $ 13.30Standard hours for units produced 51,000

Actual hours used 5,500; Standard hours allowed 5,800; Actual labor rate $14.75 per hour; and Standard labor rate $14.00 per hour.  The labor efficiency variance is

A company uses direct labor hours as its allocation base. Management estimates the company will have 10,000 hours of direct labor during the year and total overhead costs of $120,000. The predetermined overhead rate will be $ per hour.

Fill in the Blank QuestionFill in the blank question.A manufacturing company has units to produce of 940 units for the month. Each unit requires 3.5 hours of labor to produce. The cost of direct labor is $15 per hour. The total cost of direct labor for the month will be $.