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9 The following information is provided for Dexter, Inc.: Standard direct labor wage rate: $10/hour Standard direct labor hours per unit of output: 5 hours/unit
9
The following information is provided for Dexter, Inc.:
| Standard direct labor wage rate: | $10/hour |
| Standard direct labor hours per unit of output: | 5 hours/unit |
| Budgeted Production: | 5,000 units |
| Actual direct labor hours per unit of output: | 5 hours/unit |
| Actual direct labor wage rate: | $11.50/hour |
| Actual Production: | 4,900 units |
What is the direct labor rate variance?
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