Business, 18.12.2019 04:31 rattler6125

Erie company manufactures a mobile fitness device called the jogging mate. the company uses standards to control its costs. the labor standards that have been set for one jogging mate are as follows:
standard hours standard rate per hour standard cost
27 minutes $6.00 $2.70
during august, 9,220 hours of direct labor time were needed to make 19,200 units of the jogging mate. the direct labor cost totaled $54,398 for the month.
required: 1. what is the standard labor-hours allowed (sh) to makes 19,200 jogging mates? 2. what is the standard labor cost allowed (sh × sr) to make 19,200 jogging mates? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?

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Erie company manufactures a mobile fitness device called the jogging mate. the company uses standard...

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