Purchase Solution

Direct labor variances

Not what you're looking for?

Ask Custom Question

To help control operations, Sisyphus Company developed a standard costing system in its job shop. Data for a recent job follows.

Standard Actual
Direct labor hours 950 920
Direct labor dollars $1,900 $1,850
Units produced 380 380
REQUIRED:

Calculate the direct labor price and efficiency variances and determine whether they are favorable or unfavorable.

Purchase this Solution

Solution Summary

To help control operations, Sisyphus Company developed a standard costing system in its job shop. Data for a recent job follows.
Standard Actual
Direct labor hours 950 920
Direct labor dollars $1,900 $1,850
Units produced 380 380
REQUIRED:
Calculate the direct labor price and efficiency variances and determine whether they are favorable or unfavorable.

Solution Preview

Direct Labor Variances
To help control operations, Sisyphus Company developed a standard costing system in its job shop. Data for a recent job follows.
Standard Actual
Direct labor hours 950 920
Direct labor dollars $1,900 $1,850
Units produced 380 ...

Solution provided by:
Education
  • MPhil, Madurai Kamaraj University
  • MCom, Annamalai University
  • IATA, International Air Transport Association
Recent Feedback
  • "Great explanations on how the answers were obtained."
  • "Love the way she explains everything step by step."
  • "Solutions were thoroughly explained."
  • "Excellent explanations of how problems are solved"
  • "Thanks"
Purchase this Solution


Free BrainMass Quizzes
Lean your Process

This quiz will help you understand the basic concepts of Lean.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.