For the month of August, M Companys records disclosed the following data relating to direct labor Actual direct labor cost P10,000 Rate variance 1,000 F Efficiency variance 1,500 U Standard direct labor cost P9,500 For the month of August, M used 2,000 direct labor hours The companys standard direct labor rate per hour is

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For the month of August, M Companys records disclosed the following data relating to direct labor: Actual direct labor cost P10,000 Rate variance 1,000 F

For the month of August, M Company’s records disclosed the following data relating to direct labor:

Actual direct labor cost	P10,000
Rate variance	1,000 F
Efficiency variance	1,500 U
Standard direct labor cost	P9,500

For the month of August, M used 2,000 direct labor hours. The company’s standard direct labor rate per hour is?

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