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Read the requirements. Select the formula, then calculate the actual price per hour. Standard direct labor rate per hour - Favorable labor rate variance =

Read the requirements.
Select the formula, then calculate the actual price per hour.
Standard direct labor rate per hour - Favorable labor rate variance = Actual direct labor rate per hour
$,-,0.00,0.50,=,8.50
Label the variance as favorable (F) or unfavorable (U).)
Mustang Music
Schedule to Compute Actual Direct Labor Hours
Requirements
Find the actual number of direct labor hours worked during February. First, find
the actual direct labor rate per hour. Then, determine the actual number of
direct labor hours worked by setting up the computation of the total direct labor
variance as given.
Compute the direct labor rate and efficiency variances. Do these variances
suggest that the manager may have made trade-offs? Explain.Mustang Music manufactures harmonicas. Mustang uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and only partial data for February exist. Mustang knows that the total direct labor variance for the month was $ 390 F and that the standard labor rate was $ 9 per hour. A recent pay cut caused a favorable labor rate variance of $ 0.50 per hour. The standard direct labor hours for actual February outputs were 5 comma 200.
Read the requirementsLOADING....
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Part 1
Requirement 1. Find the actual number of direct labor hours worked during February. First, find the actual direct labor price rate per hour. Then, determine the actual number of direct labor hours worked by setting up the computation of the total direct labor variance as given.
Select the formula, then calculate the actual price per hour.
-
=
Actual direct labor rate per hour
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=
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