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HelpSaint The following information summarizes the standard cost for producing one metal tennis racket frame at Spauding Industries hadition the variances for one month's production

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HelpSaint The following information summarizes the standard cost for producing one metal tennis racket frame at Spauding Industries hadition the variances for one month's production are given. Assume that all inventory accounts have zero balances at the beginning of the month Standard Cost Per Unit $ 9.00 4.00 Standard Monthly Costs $23,400 58 10,400 Materials Direct Labor 2 hrs @ $2.00 Factory Overhead: Variable Fixed 2.00 5.00 5,200 13,000 $52,000 $20.00 Variances : Material price Material quantity Labor rate Labor efficiency $ 384.00 unfavorable $ 700.00 unfavorable $ 650.00 favorable $2,340.00 unfavorable What were the actual direct labor hours worked during the month? Med Multiple Choice 11 / 25

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