Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If the actual average wage rate is $ 4 . 8 0 per direct labor hour, but the standard wage rate is $ 5 .
If the actual average wage rate is $ per direct labor hour, but the standard wage rate is $ per direct labor hour,
the direct labor efficiency variance will be unfavorable.
the direct labor rate variance will be unfavorable.
the direct labor rate variance will be favorable.
the direct labor efficiency variance will be favorable.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started