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Data on Goodman Companys direct labor costs is given below: Standard hours allowed 30,000 Actual direct labor hours 29,000 Labor usage variance, favorable $4,000 Labor

Data on Goodman Companys direct labor costs is given below:

Standard hours allowed

30,000

Actual direct labor hours

29,000

Labor usage variance, favorable

$4,000

Labor rate variance, favorable

$5,800

Total payroll

$110,200

Calculate the:

A) Standard direct labor rate.

B) Actual direct labor rate.

NoNote: please provide detailed works towards the solutions

d

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