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Prince Inc. has the following information: Total payroll $ 170,400 Standard direct labor hours 45,200 Labor rate variance $ 14,700 F Labor mix variance $
Prince Inc. has the following information:
| Total payroll | $ | 170,400 | |
| Standard direct labor hours | 45,200 | ||
| Labor rate variance | $ | 14,700 | F |
| Labor mix variance | $ | 4,500 | F |
| Labor yield variance | $ | 2,500 | F |
What was Prince's actual direct labor rate? (Round intermediate values to 2 decimal places.)
| $3.93. | ||
| $3.52. | ||
| $4.14. | ||
| $3.91. |
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
