solution

solution.

Eastern Music, a harmonica manufacturer, uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and the manager has only partial data for February. She knows that the direct labor flexible budget variance for the month was $380 F and that the standard labor price was $10 per hour. A recent pay cut caused a favorable labor price variance of $0.80 per hour. The standard direct labor hours for actual February output were 5.650

Requirements

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now
1. Find the actual number of direct labor hours worked during February. First, find the actual direct labor price per hour. Then, determine the actual number of direct labor hours worked by setting up the computation of the direct labor flexible budget variance of $380 F.

2. Compute the direct labor price and efficiency variances. Do these variances suggest that the manager may have made trade-offs? Explain.

solution

 
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"