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Kraft Kustom Kites located in Cincinnati, Ohio has the following standards for making its most popular kite. Standard labor-hours per unit of output 8.1 hours
Kraft Kustom Kites located in Cincinnati, Ohio has the following standards for making its most popular kite. |
Standard labor-hours per unit of output | 8.1 | hours |
Standard labor rate | $15.55 | per hour |
The following data pertain to operations concerning the product for the last month: |
Actual hours worked | 10,200 | hours |
Actual total labor cost | $156,570 | |
Actual output | 1,250 | units |
What is the labor rate variance for the month? |
$2,040 U
$250 U
$2,040 F
$250 F
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