May's direct labor cost variance was:

A) $750.00 unfavorable.
B) $262.50 favorable.
C) $487.50 unfavorable.
D) indeterminable using the above information.

C
Explanation: C) Total direct labor cost variance = Actual direct labor cost - Standard direct labor cost
= (1,050 × $14.75 ) - (10,000 × 0.10 × $15 ) = $15,487.50 - $15,000.00 = $487.50 U

Business

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Direct faxing and e-mail are two more modern versions of:

a. Word of mouth b. Direct sales c. Telemarketing d. Direct mail

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Daube Industries' operations for the month of October are summarized as follows:

A. Provided $2,500 of services on account. B. Received $2,000 cash for services provided in October. C. Received $500 cash for services to be provided in November. D. Received $1,500 cash on account for service provided in September. E. Paid September's warehouse rental bill on account in the amount of $500. F. Received October's rental bill of $750; set it aside. Required:Prepare journal entries to record the transactions identified among activities (A) through (F).

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