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Chief Co . makes dog beds. It maintains the following standards: Standard amount of materials used to make one bed 6 . 8 7 yards
Chief Co makes dog beds. It maintains the following standards:
Standard amount of materials used to make one bed yards
Standard cost per yard of material
$
Standard direct labor hours per bed
hours
Standard cost per direct labor hour
$
During the period the company manufactured dog beds and reported the following information connected with the production:
Actual amount of materials used
yards
Purchase price of material used
$ per yard
Total direct labor hours used
hours
Actual cost per direct labor hour
$
What is the direct labor rate variance?
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