Question
Data on Gantry Company's direct labor costs are given below: Standard direct-labor hours30,000Actual direct-labor hours29,000Direct-labor efficiency variance-favorable$4,000Direct-labor rate variance-favorable$5,800Total direct labor payroll$110,200 What was Gantry's
Data on Gantry Company's direct labor costs are given below:
Standard direct-labor hours30,000Actual direct-labor hours29,000Direct-labor efficiency variance-favorable$4,000Direct-labor rate variance-favorable$5,800Total direct labor payroll$110,200
What was Gantry's standard direct labor rate?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
