Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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 $10. Normal capacity was 50,000 direct labor hours. During the year, 50,776 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 $4,300 favorable, what were the direct labor hours actually worked?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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