In: Accounting
fill in the missing information:
Must show all your work to receive credit.
Case A |
Case B |
Case C |
|
Units Produced |
1,000 |
1,500 |
800 |
Standard hours per unit |
3.5 |
? |
3 |
Standard hours for production |
? |
? |
? |
Standard rate per hour |
$7.25 |
$7.00 |
$7.00 |
Actual hours worked |
3,400 |
4,900 |
2,330 |
Actual total labor cost |
? |
$31,850 |
? |
Labor price variance |
$850 F |
? |
$466 F |
Labor usage variance |
? |
$2,800 U |
? |
Please show work for how each missing number was found ! thank you!