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Given the following information in standard costing: Standard 18,000 hours at $6.00 Actual 17,800 hours at $6.20 What is the direct labor rate variance? Multiple

Given the following information in standard costing:

Standard 18,000 hours at $6.00
Actual 17,800 hours at $6.20

What is the direct labor rate variance?

Multiple Choice

  • $2,660 Unfavorable

  • $2,660 Favorable

  • $3,560 Unfavorable

  • $3,560 Favorable

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