Cuyahoga Corporation Reports the Following Standards for Direct Labor for the Year

Essay

Cuyahoga Corporation reports the following standards for direct labor for the year:
Standard cost per hour $17.75
Standard quantity per finished good 2.0 hours
During the year, 35,000 finished goods were produced. The direct labor efficiency variance was $2,650 favorable. The direct labor flexible budget variance was $550 favorable.
Calculate the following items regarding direct labor for Cuyahoga Corporation for the year:
A. Direct labor rate variance
B. Standard hours of direct labor for actual production
C. Actual hours of direct labor incurred for actual production