Question
Mandy Company has the following information from last month: Standard direct labor hours allowed for units produced (SQ) 3,600 Actual direct labor hours worked (AQ)
Mandy Company has the following information from last month:
| Standard direct labor hours allowed for units produced (SQ) | 3,600 |
| Actual direct labor hours worked (AQ) | 3,480 |
| Direct labor efficiency variance, favorable (F) | $ 5,760 |
| Total payroll | $ 187,920 |
1.) What was Mandy's direct labor rate variance for the month, rounded to the nearest dollar?
2.) What was Mandy's actual direct labor rate per hour (AP), rounded to two decimal places?
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The Audit Value Factor Making Managements Head Turn Internal Audit And IT Audit Series
Authors: Daniel Samson
1st Edition
1138198129, 978-1138198128
