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Given the following information in standard costing: Standard 19,000 hours at $7.00 Actual 18,800 hours at $6.80 What is the direct labor rate variance? Multiple
Given the following information in standard costing:
Standard | 19,000 hours at $7.00 |
Actual | 18,800 hours at $6.80 |
What is the direct labor rate variance?
Multiple Choice
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$2,800 Favorable
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$2,800 Unfavorable
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$3,760 Unfavorable
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$3,760 Favorable
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