Question
Information on Marigold's direct labor costs for the month of August is as follows: Actual rate $6 Standard hours 11000 Actual hours 10000 Direct labor
Information on Marigold's direct labor costs for the month of August is as follows:
Actual rate | $6 |
Standard hours | 11000 |
Actual hours | 10000 |
Direct labor price variance—unfavorable | $4800 |
What was the standard rate for August?
$5.95
$6.05
$5.52
$6.48
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Cost Management A Strategic Emphasis
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