DT CoProduces Picture Frames

question 116

Essay

DT Co.produces picture frames.It takes 3 hours of direct labor to produce a frame.DT's standard labor cost is $11 per hour.During March,DT produced 4,000 frames and used 12,400 hours at a total cost of $133,920.
a.What is DT's labor rate variance for March?
b.What is DT's direct labor efficiency variance for March?
c.Record the labor costs and the variances for DT.

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Definitions:

Work Groups

Work groups are teams of employees organized within companies to accomplish specific tasks or projects, characterized by shared goals and collaborative efforts.

Commit to an Action Plan

The process of dedicating oneself or a team to follow a set plan detailing steps and measures to achieve a specific goal.

Military Brigade

A large military unit typically consisting of several battalions and forming part of a division or corps.

Technical Support Call Center

A dedicated help center where users can get assistance with technical issues or inquiries, often related to software, electronics, or computer systems.