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24. Use the following data to find the direct labor rate variance. Direct labor standard (4.0 hrs @ 7/hr) $28 per finished unit Actual hours
24. Use the following data to find the direct labor rate variance.
| Direct labor standard (4.0 hrs @ 7/hr) | $28 per finished unit |
| Actual hours worked per unit | 3.5 hours |
| Actual units produced | 4,700 units |
| Actual rate per hour | 7.25 per hour |
a. $18,800 unfavorable
b. $16,450 favorable
c. $4,112 favorable
d. $18,800 favorable
e. $4,113 unfavorable
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