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Assigned Media Question Help (%) E11-20A (similar to) Secaur Tax Services prepares tax returns for senior citizens. The standard in terms of (direct labor) time
Assigned Media Question Help (%) E11-20A (similar to) Secaur Tax Services prepares tax returns for senior citizens. The standard in terms of (direct labor) time spent on each return is 5 hours. The direct labor standard wage rate at the firm is $16.00 per hour. Last month, 3,990 direct labor hours were used to prepare 800 tax returns. Total wages totaled $69,825 Requirements 1. What is the actual (direct labor) wage rate per hour paid last month? What is the direct labor rate variance? 2. 3. What is the direct labor efficiency variance? 4. How might the direct labor rate variance for the firm last month be causing the direct labor efficiency variance? Requirement 1. What is the actual (direct labor) wage rate per hour paid last month? (Round your answer to the nearest cent.) The actual (direct labor) wage rate per hour paid last month is $
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