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Porter Manufacturing Company uses a standard cost accounting system. In 2011, the company produced 25,000 units. Each unit took several pounds of direct materials and
Porter Manufacturing Company uses a standard cost accounting system. In 2011, the company produced 25,000 units. Each unit took several pounds of direct materials and 2 standard hours of direct labor at a standard hourly rate of $14. Normal capacity was 50,000 direct labor hours. During the year, 55,080 pounds of raw materials were purchased at $1.5 per pound. All materials purchased were used during the year. If the direct labor quantity variance was $5,300 favorable, what were the direct labor hours actually worked
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