Question
*Jackson Company uses a standard cost system. The following information pertains to direct labor for product B for the month of October: Standard hours allowed
*Jackson Company uses a standard cost system. The following information pertains to direct labor for product B for the month of October:
|
|
|
|
|
| Standard hours allowed for actual production |
| 2,000 |
|
| Actual rate paid per hour | $ | 8.40 |
|
| Standard rate per hour | $ | 8.00 |
|
| Labor efficiency variance | $ | 1,600 | U |
What were the actual hours worked for the month of October?
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Effective Auditing For Corporates Ensuring That All The Risks Are Covered
Authors: Bloomsbury, Joe Oringel
1st Edition
1849300445, 978-1849300445
