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 rate variance is

Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hours @ $12/hour) $ 48 per unitActual hours worked 12,250  Actual rate per hour $ 12.50  Multiple Choice$21,000 favorable.$6,125 unfavorable.$7,000 unfavorable.$14,875 favorable.$7,000 favorable.

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

Given the following information, calculate the direct labor price variance.  Actual production in units17,000Standard labor cost per unit1/2 hour @ $20 per hourActual cost for labor$216,750 for 12,750 hoursMultiple choice question.$38,250 favorable$38,250 unfavorable$72,750 unfavorable$72,750 favorable

A job was budgeted to require 4 hours of labor per unit at $11.00 per hour. The job consisted of 7,000 units and was completed in 24,000 hours at a total labor cost of $312,900. What is the direct labor rate variance?

Multiple Choice QuestionABC Company has set the following standards for one unit of product: Direct materials: 0.5 pounds @ $1.00 per pound; Direct labor: 1 hour @ $10.00 per hour. The company produced 35,000 units and had the following actual costs: Direct materials: 18,000 pounds at a total cost of $17,280; Direct labor: 36,000 hours at a total cost of $374,400. Compute the direct labor rate variance.Multiple choice question.$10,000 F$14,400 U$10,000 U$14,400 F