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Rickett Corporation had a favorable direct-labor efficiency variance of $5,300 for the period just ended. The actual wage rate was $0.60 more than the standard

Rickett Corporation had a favorable direct-labor efficiency variance of $5,300 for the period just ended. The actual wage rate was $0.60 more than the standard rate of $10.00. If the company's standard hours allowed for actual production totaled 9,900, how many hours did the firm actually work?

Multiple Choice

  • 9,370.

  • 9,400.

  • 10,400.

  • 10,430.

  • None of the answers is correct.

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