19

Assume the following: - The standard labor rate per hour is $17.00. - The standard labor-hours allowed per unit of finished goods is 3 hours. - The actual quantity of labor hours worked during the period was 44,000 hours. - The labor rate variance is $22,000F. - The company produced 15,000 units of finished goods during the period. The actual direct labor wage rate per hour is closest to: Multiple Choice $16.50. $16.25. $16.00. $15.75