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Exhibit 10-3 Glenbrook Inc. has the following standard costs the one product the company produces. Direct Materials (2 pounds at $18.00 per pound) $36.00
Exhibit 10-3 Glenbrook Inc. has the following standard costs the one product the company produces. Direct Materials (2 pounds at $18.00 per pound) $36.00 per unit Direct Labor (0.6 hours at $48.00 per hour) $28.80 per unit During March, Glenbrook produced 2,000 units, bought and used 4,200 pounds of direct materials at $19.20 per pound and used 1,100 hours of labor at a total cost of $56,100. Refer to Exhibit 10-3. Based on this information, what is the direct labor rate variance? O $3,600 favorable O None of the answer choices is correct. O $3,300 favorable O $3,600 unfavorable O $3,300 unfavorable
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