169) Hofbauer Inc. has provided the following data concerning one of the products in its standard
cost system.
Inputs
Standard Quantity or Hours per Unit of Output
Standard Price or Rate
Direct labor
0.30 hours
$21.00 per hour
–
The company has reported the following actual results for the product for September:
Actual output
5,600
units
Actual direct labor-hours
1,540
hours
Actual direct labor rate
$
21.40
per hour
Actual direct labor cost
$
32,956
The labor efficiency variance for the month is closest to:
A) $2,940 U
B) $2,940 F
C) $2,996 F
D) $2,996 U
170) Polaco Corporation makes a product that has the following direct labor standards:
Standard direct labor-hours
0.4
hours per unit
Standard direct labor rate
24.00
per hour
–
In May the company produced 8,500 units using 3,220 direct labor-hours. The actual direct labor
rate was $22.10 per hour.
The labor efficiency variance for May is:
A) $3,978 F
B) $4,320 F
C) $4,320 U
D) $3,978 U
171) Polaco Corporation makes a product that has the following direct labor standards:
Standard direct labor-hours
0.4
hours per unit
Standard direct labor rate
24.00
per hour
–
In May the company produced 8,500 units using 3,220 direct labor-hours. The actual direct labor
rate was $22.10 per hour.
The labor rate variance for May is:
A) $6,460 U
B) $6,118 U
C) $6,118 F
D) $6,460 F
172) Wolery Inc. has provided the following data concerning one of the products in its standard
cost system.
Inputs
Standard Quantity or Hours per Unit of Output
Standard Price or Rate
Direct labor
0.20 hours
$21.70 per hour
–
The company has reported the following actual results for the product for April:
Actual output
8,800
units
Actual direct labor-hours
1,610
hours
Actual direct labor rate
$
23.30
per hour
The labor rate variance for the month is closest to:
A) $2,576 U
B) $2,816 U
C) $2,816 F
D) $2,576 F
173) Wolery Inc. has provided the following data concerning one of the products in its standard
cost system.
Inputs
Standard Quantity or Hours per Unit of Output
Standard Price or Rate
Direct labor
0.20 hours
$21.70 per hour
–
The company has reported the following actual results for the product for April:
Actual output
8,800
units
Actual direct labor-hours
1,610
hours
Actual direct labor rate
$
23.30
per hour
–
The labor efficiency variance for the month is closest to:
A) $3,255 F
B) $3,255 U
C) $3,495 U
D) $3,495 F
174) Saxena Corporation makes a product that has the following direct labor standards:
Standard direct labor-hours
0.1
hours per unit
Standard direct labor rate
$
15.00
per hour
Standard cost
$
1.50
per unit
–
The company budgeted for production of 2,900 units in July, but actual production was 2,800
units. The company used 250 direct labor-hours to produce this output. The actual direct labor rate
was $14.10 per hour.
The labor efficiency variance for July is:
A) $450 U
B) $423 F
C) $423 U
D) $450 F
175) Saxena Corporation makes a product that has the following direct labor standards:
Standard direct labor-hours
0.1
hours per unit
Standard direct labor rate
$
15.00
per hour
Standard cost
$
1.50
per unit
–
The company budgeted for production of 2,900 units in July, but actual production was 2,800
units. The company used 250 direct labor-hours to produce this output. The actual direct labor rate
was $14.10 per hour.
The labor rate variance for July is:
A) $252 U
B) $225 U
C) $225 F
D) $252 F
176) The following labor standards have been established for a particular product:
Standard labor-hours per unit of output
8.1
hours
Standard labor rate
14.40
per hour
–
The following data pertain to operations concerning the product for the last month:
Actual hours worked
8,700
hours
Actual total labor cost
129,195
Actual output
1,000
units
–
What is the labor rate variance for the month?
A) $450 F
B) $3,915 F
C) $3,915 U
D) $450 U
177) The following labor standards have been established for a particular product:
Standard labor-hours per unit of output
8.1
hours
Standard labor rate
14.40
per hour
–
The following data pertain to operations concerning the product for the last month:
Actual hours worked
8,700
hours
Actual total labor cost
129,195
Actual output
1,000
units
What is the labor efficiency variance for the month?
A) $8,910 U
B) $12,555 F
C) $12,555 U
D) $8,640 U
178) A product’s standard cost card specifies that a unit of the product requires 4 direct
labor-hours. During September, 3,350 units were made, which was 150 units less than budgeted.
The total budgeted direct labor cost for September was $117,600. The direct labor cost incurred
during September was $111,850 and 13,450 direct labor-hours were worked.
The labor rate variance for the month was:
A) $5,750 F
B) $5,750 U
C) $1,130 F
D) $1,130 U
179) A product’s standard cost card specifies that a unit of the product requires 4 direct
labor-hours. During September, 3,350 units were made, which was 150 units less than budgeted.
The total budgeted direct labor cost for September was $117,600. The direct labor cost incurred
during September was $111,850 and 13,450 direct labor-hours were worked.
The labor efficiency variance for the month was:
A) $420.00 U
B) $420.00 F
C) $415.80 U
D) $415.80 F
180) Chhom Corporation makes a product whose direct labor standards are 0.4 hours per unit and
$19.00 per hour. In November the company produced 1,800 units using 760 direct labor-hours.
The actual direct labor cost was $13,300.
The labor efficiency variance for November is:
A) $700 F
B) $760 F
C) $760 U
D) $700 U
181) Chhom Corporation makes a product whose direct labor standards are 0.4 hours per unit and
$19.00 per hour. In November the company produced 1,800 units using 760 direct labor-hours.
The actual direct labor cost was $13,300.
The labor rate variance for November is:
A) $1,080 F
B) $1,140 U
C) $1,080 U
D) $1,140 F
182) Dibert Inc. has provided the following data concerning one of the products in its standard cost
system.
Inputs
Standard Quantity or Hours per Unit of Output
Standard Price or Rate
Direct labor
0.70 hours
$20.40 per hour
–
The company has reported the following actual results for the product for February:
Actual output
5,100
units
Actual direct labor-hours
3,380
hours
Actual direct labor cost
$
74,698
The labor rate variance for the month is closest to:
A) $5,746 U
B) $6,069 F
C) $5,746 F
D) $6,069 U
183) Dibert Inc. has provided the following data concerning one of the products in its standard cost
system.
Inputs
Standard Quantity or Hours per Unit of Output
Standard Price or Rate
Direct labor
0.70 hours
$20.40 per hour
The company has reported the following actual results for the product for February:
Actual output
5,100
units
Actual direct labor-hours
3,380
hours
Actual direct labor cost
$
74,698
The labor efficiency variance for the month is closest to:
A) $3,876 U
B) $4,199 F
C) $4,199 U
D) $3,876 F
184) Hardigree Corporation makes a product that has the following direct labor standards:
Standard direct labor-hours
0.3
hours per unit
Standard direct labor rate
$
23.00
per hour
–
In May the company’s budgeted production was 8,900 units, but the actual production was 8,800
units. The company used 2,820 direct labor-hours to produce this output. The actual direct labor
cost was $70,218.
The labor efficiency variance for May is:
A) $4,482 U
B) $4,482 F
C) $4,140 U
D) $4,140 F
185) Hardigree Corporation makes a product that has the following direct labor standards:
Standard direct labor-hours
0.3
hours per unit
Standard direct labor rate
$
23.00
per hour
–
In May the company’s budgeted production was 8,900 units, but the actual production was 8,800
units. The company used 2,820 direct labor-hours to produce this output. The actual direct labor
cost was $70,218.
The labor rate variance for May is:
A) $5,016 U
B) $5,358 U
C) $5,016 F
D) $5,358 F
186) Descamps Inc. has provided the following data concerning one of the products in its standard
cost system. Variable manufacturing overhead is applied to products on the basis of direct
labor-hours.
Inputs
Standard Quantity or Hours per Unit of
Output
Standard Price or
Rate
Variable manufacturing
overhead
0.20 hours
$6.10 per hour
–
The company has reported the following actual results for the product for July:
Actual output
4,200
units
Actual direct labor-hours
780
hours
Actual variable overhead rate
6.20
per hour
The variable overhead rate variance for the month is closest to:
A) $78 F
B) $84 F
C) $78 U
D) $84 U
187) Descamps Inc. has provided the following data concerning one of the products in its standard
cost system. Variable manufacturing overhead is applied to products on the basis of direct
labor-hours.
Inputs
Standard Quantity or Hours per Unit of
Output
Standard Price or
Rate
Variable manufacturing
overhead
0.20 hours
$6.10 per hour
–
The company has reported the following actual results for the product for July:
Actual output
4,200
units
Actual direct labor-hours
780
hours
Actual variable overhead rate
6.20
per hour
The variable overhead efficiency variance for the month is closest to:
A) $366 F
B) $372 U
C) $372 F
D) $366 U
188) Bressman Inc. has provided the following data concerning one of the products in its standard
cost system. Variable manufacturing overhead is applied to products on the basis of direct
labor-hours.
Inputs
Standard Quantity or Hours per Unit of
Output
Standard Price or
Rate
Variable manufacturing
overhead
0.20 hours
$6.70 per hour
The company has reported the following actual results for the product for May:
Actual output
9,300
units
Actual direct labor-hours
1,820
hours
Actual variable overhead cost
12,558
–
The variable overhead rate variance for the month is closest to:
A) $364 U
B) $372 F
C) $364 F
D) $372 U