Ellis Company's labor information for September is as follows: Direct labor hourly rate paid $31.00 Total standard direct labor hours for units produced 10,000.00 Direct labor hours worked 9,800.00 Direct labor rate variance $6,860.00 (favorable) Round your answers to two decimal places. A. Compute the standard direct labor rate per hour. $1 standard rate B. Compute the direct labor time variance. Direct labor time variance $ C. Compute the standard direct labor rate if the direct labor rate variance was $2,450.00 (unfavorable). standard labor rate

Ellis Company's labor information for September is as follows: Direct labor hourly rate paid $31.00 Total standard direct labor hours for units produced 10,000.00 Direct labor hours worked 9,800.00 Direct labor rate variance $6,860.00 (favorable) Round your answers to two decimal places. A. Compute the standard direct labor rate per hour. $1 standard rate B. Compute the direct labor time variance. Direct labor time variance $ C. Compute the standard direct labor rate if the direct labor rate variance was $2,450.00 (unfavorable). standard labor rate

Name: Ellis Company's labor information for September is asfollows:Direct l
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Description: Ellis Company's labor information for September is asfollows:Direct labor hourly rate paid$31.00Total standard direct labor hours for units produced10,000.00Direct labor hours worked9,800.00Direct labor rate variance$6,860.00 (favorable)Round your a

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 7PA: Ellis Companys labor information for September is as follows: A. Compute the standard direct labor...

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