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.