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Elk Creek Company's most popular product requires specialized labor. These individuals are highly productive, but also highly paid. The following standards have been developed for
Elk Creek Company's most popular product requires specialized labor. These individuals are highly productive, but also highly paid. The following standards have been developed for the product: 3 direct labor hours/unit $45/direct labor hour During November, Elk Creek produced 3,600 units and used 7,000 direct labor hours. The company's direct labor cost was $378,000. What is the difference between the actual amiunt paid and the amont that should have been paid fir the number of hours worked, and is it favorable or unfavorable?
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