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Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassocks standard labor cost is $12
Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassocks standard labor cost is $12 per hour. During August, Hassock produced 10,000 units and used 21,040 hours of direct labor at a total cost of $250,376. What is Hassocks labor rate variance for August?
Multiple Choice
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$2,000 favorable.
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$2,104 unfavorable.
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$2,104 favorable.
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$4,160 favorable.
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$2,000 unfavorable.
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