(Answered) Question -1 hassock corp produces woven wall hangings it

Accounting

Question -

1. Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Bartels' standard labor cost is $12 per hour. During August, Bartels produced 10,000 units and used 21,040 hours of direct labor at a total cost of $250,376. What is Bartels' labor rate variance for August?

$2,000 favorable.

$2,104 unfavorable.

$2,104 favorable.

$4,160 favorable.

$2,000 unfavorable.

2. The difference between actual quantity of input used and the standard quantity of input used results in a:

Controllable variance.

Standard variance.

Budget variance.

Quantity variance.

Price variance.

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