Asked by
Marame Hughes
on Dec 16, 2024Verified
Calculate the total direct labor variance.
A) $2,051.25 favorable
B) $2,051.25 unfavorable
C) $2,362.50 unfavorable
D) $2,362.50 favorable
Direct Labor Variance
The discrepancy between the expected (budgeted) cost of direct labor and the actual cost incurred during a production period.
- Comprehend the correlation between actual expenses and standard expenses in the computation of variances.
Verified Answer
BM
Learning Objectives
- Comprehend the correlation between actual expenses and standard expenses in the computation of variances.