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both of the questions are based on the following information above. ABC Company's operations for November disclosed the following data relating to direct labor: Actual
both of the questions are based on the following information above.
ABC Company's operations for November disclosed the following data relating to direct labor: Actual cost Php24,000 Rate variance (F) 2,400 Efficiency variance (UF) 5,500 Standard cost 20,900 The Company had incurred total direct labor hours of 4,800 hours in the month of November. Determine the standard direct labor rate per hour. A. Php4.50 B. Php5.00 C.Php5.50 D. Php6.00 The Company had incurred total direct labor hours of 4,800 hours in the month of November. Determine the standard hours needed for production. A. 3,883.33 hours C. 3,577.78 hours B. 3,800 hours D. 3,700 hoursStep by Step Solution
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