Question
Operational statistics generated for the period just ended for Halik Co., maker of a line of furniture, follow: Standards per set: Materials 2.0 yards @
Operational statistics generated for the period just ended for Halik Co., maker of a line of furniture, follow:
Standards per set: Materials 2.0 yards @ P100 Labor 0.5 hour @ P200 Actual results: Production 20,000 sets Materials used 37,000 yards Price per yard P102.00 Direct labor hours used 9,000 hours Direct labor cost P1,764,000
The direct labor rate variance was: A. P36,000 favorable B. P36,000 unfavorable C. P40,000 favorable D. P40,000 unfavorable
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Cost Accounting A Managerial Emphasis
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
7th Canadian Edition
133138445, 978-0133926330, 133926338, 978-0133138443
