Question
A job was budgeted to require three hours of labor per unit at $8 per hour. The job consisted of 8,000 units and was completed
A job was budgeted to require three hours of labor per unit at $8 per hour. The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of $198,000. What is the labor rate variance?
| $22,000 unfavorable | ||
| $16,000 unfavorable | ||
| $6,000 unfavorable | ||
| $16,000 favorable | ||
| $22,000 favorable |
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Managerial Accounting
Authors: Harold M. Sollenberger, Arnold Schneider, Lane K. Anderson
9th Edition
0538842822, 978-0538842822
