Question
Montana Company uses a standard costing system. The following information pertains to direct labor costs for the month of February: Standard direct labor rate per
Montana Company uses a standard costing system. The following information pertains to direct labor costs for the month of February:
Standard direct labor rate per hour$15.00Actual direct labor rate per hour$13.50Labor rate variance$18,000 favorableActual output1,000 unitsStandard hours allowed for actual production10,000 hours
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
