Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Cheerful Colors has budgeted three hours of direct labor per batch of crayons, at a standard cost of $16/hour. During October, laborers actually worked 150
Cheerful Colors has budgeted three hours of direct labor per batch of crayons, at a standard cost of $16/hour. During October, laborers actually worked 150 hours completing 50 batches. All 50 batches actually produced were sold. Cheerful Colors paid workers $20/hour. What was Cheerful Color's direct labor cost variance for October?
A) $200 U
B) $600 F
C) $600 U
D) $200 F
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