Question
Europa Company manufactures only one product. Presented below is direct labor information for November: Standard direct labor hours per unit of product........................................................................3.90 Number of finished
Europa Company manufactures only one product. Presented below is direct labor information for November:
Standard direct labor hours per unit of product........................................................................3.90
Number of finished units produced.......................................................................................5,500
Standard wage rate per direct labor hour (SP).....................................................................$19.90
Total direct labor payroll for the period..............................................................................$385,770
Actual wage rate per direct labor hour worked (AP)..............................................................$16.70
The direct labor rate variance for November (to the nearest dollar) was:
a. $23,100 unfavorable
b. $32,835 unfavorable
c. $41,085 favorable
d. 73,920 favorable
e. $106,755 favorable
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
