Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Last month, 13,000 units were produced and 80,500 direct labor hours were actually worked at a total cost of $1,350,000. The standard direct labor cost
-
Last month, 13,000 units were produced and 80,500 direct labor hours were actually worked at a total cost of $1,350,000. The standard direct labor cost for producing one unit of product is 6 direct labor hours at a standard rate of pay of $15. The direct labor quantity variance was
$142,500 unfavorable.
$142,500 favorable.
$ 37,500 favorable.
$ 37,500 unfavorable.
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