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Marv Company's direct labor costs for manufacturing its only product were as follows for October: Standard direct labor hours (DLHs) per unit of product 2.0
Marv Company's direct labor costs for manufacturing its only product were as follows for October:
| Standard direct labor hours (DLHs) per unit of product | 2.0 |
|---|---|
| Budgeted finished units for the period | 6,900 |
| Actual number of finished units produced | 5,900 |
| Standard wage rate per direct labor hour (SP) | $ 29.00 |
| Direct labor costs incurred | $ 351,000 |
| Actual wage rate per direct labor hour (AP) | $ 27.00 |
The direct labor rate variance for October was:
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