Question
McVey Companys reported actual direct labor cost of $36,000 for the month of March. This resulted in a labor rate variance of $6,000 unfavorable. If
McVey Companys reported actual direct labor cost of $36,000 for the month of March. This resulted in a labor rate variance of $6,000 unfavorable.
If actual direct labor hours for March were 3,000, then the standard direct labor rate is:
Multiple Choice
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$6.00 per hour
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$34.00 per hour
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$12.00 per hour
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$10.00 per hour
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Inside Accounting The Sociology Of Financial Reporting And Auditing
Authors: David Leung
1st Edition
1138251178, 9781138251175
