Thank you for visiting June s direct manufacturing labor price variance is A 125 unfavorable B 125 favorable C 7 623 50 unfavorable D None of these answers are. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Final answer:
June's direct manufacturing labor price variance refers to the difference between actual labor cost and standard cost, but cannot be determined with the provided information. The variance is favorable if actual cost is less than the standard cost and unfavorable if the actual cost exceeds the standard cost.
Explanation:
The subject of this question is Direct Manufacturing Labor Price Variance. This concept refers to the difference between standard cost and the actual cost incurred for the number of hours worked, during the manufacturing process. Given the provided figures, we cannot calculate June's direct manufacturing variance as there is no standard cost provided to compare against the actual cost of labor. Hence, none of the provided options A to D are adequate without additional information.
It's vital to remember that a favorable variance occurs when the actual cost is less than the standard cost. Meanwhile, an unfavorable variance happens when the actual cost exceeds the standard cost.
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