Question
Redco Inc has a direct labor standard of 2 hours per unit of output. The average standard wage is rate of $22.50 per hour. During
Redco Inc has a direct labor standard of 2 hours per unit of output. The average standard wage is rate of $22.50 per hour. During July, Redco paid $94,750 to employees for 4,445 hours worked. 2,350 units were produced during July. What is the direct labor rate variance? (Round your answer to the nearest whole dollar)
| a. |
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| b. |
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| c. | $5263 FAVORABLE | ||
| d. | $5,738 UNFAVORABLE |
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Standards And Audits For Ethics Management Systems The European Perspective
Authors: Josef Wieland
1st Edition
3642072925, 978-3642072925
