Suppose that you pay your niece $5 for 4 hours work operating your lemonade stand. You had
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Suppose that you pay your niece $5 for 4 hours work operating your lemonade stand. You had expected to pay her $1 per hour.
What is the labor rate variance?
A. $4 unfavorable B. $4 favorable C. $1.25 unfavorable D. $1 unfavorable
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Related Book For
Cost Accounting An Introduction To Cost Management Systems
ISBN: 9780324015829
1st Edition
Authors: Philip Jagolinzer
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