Question
During October, 10,000 direct labor hours were worked at a standard cost of $10 per hour. If the direct labor rate variance forOctober was $4,000
During October, 10,000 direct labor hours were worked at a standard cost of $10 per hour. If the direct labor rate variance forOctober was $4,000 favorable, the actual cost per direct labor hour must be?
4. Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $660,000. Thestandard allows 1 direct labor hour per unit. During 2020, Croissant produced 100,000 units of product, incurred $630,000 of fixed overhead costs.
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
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