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30 October, 09:48

Claire Company uses a standard costing system. The following information pertains to direct labor costs for February: Standard direct labor rate per hour $15.00 Actual direct labor rate per hour $13.50 Labor rate variance $18,000 F Actual output 1,000 units Standard hours allowed for actual production 10,000 hours What is the total labor variance for Claire Company

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Answers (1)
  1. 30 October, 11:07
    0
    The answer is 12,000

    Explanation:

    Solution

    Given that:

    The labor rate variance = (SR-AR) * AH

    Now,

    (15-13.50) * AH = 18,000

    so,

    AH = 18000/1.50

    Gives us,

    =12,000

    The total labor variance is = The standard labor cost - The actual labor costs.

    = (10000 * 15) - (12,000 * 13.50)

    =150,000 - 162,000

    = 12,000 U

    Therefore the total labor variance Claire Company is 12,000
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Home » Business » Claire Company uses a standard costing system. The following information pertains to direct labor costs for February: Standard direct labor rate per hour $15.00 Actual direct labor rate per hour $13.
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