Assume martin guitar company has a standard of 3 hours of direct labor per unit produced and $20 per hour for the labor rate. during last period, the company used 24,000 hours of direct labor at a $456,000 total cost to produce 6,000 units. compute the direct labor rate and efficiency variances. a. rate variance: $120,000 unfavorable; efficiency variance: $24,000 unfavorable.
b. rate variance: $24,000 favorable; efficiency variance: $120,000 unfavorable. c. rate variance: $24,000 unfavorable; efficiency variance: $120,000 favorable. d. rate variance: $120,000 favorable; efficiency variance: $24,000 unfavorable. e. rate variance: $96,000 favorable; efficiency variance: $96,000 unfavorable.

B.

Explanation:

Rate Variance

(Actual rate - Standard rate) x Actual hours worked = Labor rate variance

($456,000 / 24000 hrs  -  $20/hr)  times  24,000 hr worked  =  Labor rate variance

($19 - $20) * 24,000  =   Labor rate variance

$24,000 favorable Labor rate variance

Efficiency Variance

(Actual hours - Standard hours) x Standard rate = Labor efficiency variance

(24,000 hrs - 6000 units times 3hrs/unit) times ($20/hr) = Labor efficiency variance

(24,000 hrs - 18,000 hrs)(20) =  Labor efficiency variance

(6000)(20) = Labor efficiency variance

$120,000 unfavorable Labor efficiency variance

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.