Fletcher company collected the following data

Question # 00766833 Posted By: Georgey Updated on: 06/24/2020 09:42 AM Due on: 06/29/2020
Subject Accounting Topic Accounting Tutorials:
Question
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Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance.

 

Direct labor standard (2 hrs. @ $12.75/hr.)

$25.50 per finished unit

Actual direct labor hours

81,500 hrs.

Actual finished units produced

40,000 units

Actual cost of direct labor

$1,100,250

 

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