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Determine the rate variance time variance and total direct

Question - The following data relate to the labor cost for production of 12,000 cellular telephones:

Actual: 13,600 hrs at $16.15 $219,640

Standard: 13,725 hrs at $16.00 $219,600

a) Determine the rate variance, time variance, and total direct labor cost variance

b) Discuss what might have caused these variances.

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Accounting Basics: Determine the rate variance time variance and total direct

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Accounting Basics: Determine the rate variance time variance and total direct

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