Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A firm performs oil changes checks for cars. One Saturday, 160 cars were serviced, and 38 hours of direct labor were used. Direct labor price
A firm performs oil changes checks for cars.
One Saturday, 160 cars were serviced, and 38 hours of direct labor were used. Direct labor price variance was $19 (unfavorable).
If the firm's standard price for direct labor is $7 per hour, what is the actual direct labor price?
(Hint: think about the direct labor price variance formula.)
Group of answer choices
$6.67 per hour
$9.00 per hour
Cannot be determined from this information.
$7.50 per hour
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started