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MC Qu. 144 The following labor standards... The following labor standards have been established for a particular product: Standard labor-hours per unit of output 7.9
MC Qu. 144 The following labor standards...
The following labor standards have been established for a particular product: |
Standard labor-hours per unit of output | 7.9 | hours |
Standard labor rate | $15.45 | per hour |
The following data pertain to operations concerning the product for the last month: |
Actual hours worked | 10,000 | hours |
Actual total labor cost | $152,100 | |
Actual output | 1,150 | units |
What is the labor rate variance for the month? |
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