Question Details

What is the total labor cost variance for Job 



1.Jacques Company planned to use 18,000 pounds of material costing $2.50 per pound to make 4,000
units of its product. In actually making 4,000 units, the company used 18,800 pounds that cost $2.54 per
pound. Calculate the direct materials quantity variance.



2.Job #305 was budgeted to require 3.5 hours of labor at $11.00 per hour. However, it was completed in 3
hours by a person who worked for $14.00 per hour. What is the total labor cost variance for Job #305?




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