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Coronado Paints manufactures artist's oil paints. Each 40 ml tube of paint requires 5 minutes of direct labor, and the standard labor rate is $8.10
Coronado Paints manufactures artist's oil paints. Each 40 ml tube of paint requires 5 minutes of direct labor, and the standard labor rate is $8.10 per direct labor hour. In September, Coronado incurred 11,260 direct labor hours at a cost of $91,612 to produce 148,000 tubes of paint. Calculate Coronado's direct labor rate variance for September. (Round intermediate calculations to 5 decimal places, e.g. 1.24638 and final answer to 0 decimal places, e.g. 5,275.) $ Direct labor rate variance
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