The following information relates to labour costs for the past month: Budget Labour rate $10 per hour Production time 15,000 hours Time per unit 3 hours Production units 5,000 units Actual Wages paid $176,000 Production 5,500 units Total hours worked 14,000 hours There was no idle time. What were the labour rate and efficiency variances?
A、Rate variance Efficiency variance $26,000 Adverse $25,000 Favourable
B、Rate variance Efficiency variance $26,000 Adverse $10,000 Favourable
C、Rate variance Efficiency variance $36,000 Adverse $2,500 Favourable
D、Rate variance Efficiency variance $36,000 Adverse $25,000 Favourable
A、Rate variance Efficiency variance $26,000 Adverse $25,000 Favourable
B、Rate variance Efficiency variance $26,000 Adverse $10,000 Favourable
C、Rate variance Efficiency variance $36,000 Adverse $2,500 Favourable
D、Rate variance Efficiency variance $36,000 Adverse $25,000 Favourable
【参考答案及解析】
Labour rate variance $ 14,000hours should have cost (x $10 per hour) 140,000 but did cost 176,000 Labour rate variance 36,000 Labour efficiency variance $ 5,500 units should have taken (x 3 hours per unit) 16,500 hrs but did take 14,000 hrs Labour efficiency variance (in hours) 2,500 hrs(F) x standard rate per unit x$10 $25,000 (F)
Labour rate variance $ 14,000hours should have cost (x $10 per hour) 140,000 but did cost 176,000 Labour rate variance 36,000 Labour efficiency variance $ 5,500 units should have taken (x 3 hours per unit) 16,500 hrs but did take 14,000 hrs Labour efficiency variance (in hours) 2,500 hrs(F) x standard rate per unit x$10 $25,000 (F)