Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Pacer Corporation's standards call for 1,250 direct labor-hours at $15 per hour, to produce 600 units of product. During October the company worked 1,000 direct
Pacer Corporation's standards call for 1,250 direct labor-hours at $15 per hour, to produce 600 units of product. During October the company worked 1,000 direct labor-hours to produce 400 units. If Pacer's labor rate variance was $825 unfavorable, what was Pacer's actual total direct labor cost? Multiple Choice $15,000 $18,750 $15,825 $14,175 McVey Company's reported actual direct labor cost of $30,000 for the month of March. This resulted in a labor rate variance of $6,000 favorable. If actual direct labor hours for March were 3,000, then the standard direct labor rate is: Multiple Choice 0 $12.00 per hour 0 $10.00 per hour 0 $5.00 per hour 0 $33.00 per hour
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started