Question
Fox Run Co. produces a product which requires 6 hours of direct labor at $25.60 per hour. During October, Fox Runs actual payroll was $314,496
Fox Run Co. produces a product which requires 6 hours of direct labor at $25.60 per hour. During October, Fox Runs actual payroll was $314,496 and the company used 12,600 direct labor hours to produce 2,000 units of the product. What is Fox Runs direct labor price variance?
$8,064, unfavorable
$8,064, favorable
$7,296, unfavorable
$7,296, favorable
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
