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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
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9,370.
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9,400.
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10,400.
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10,430.
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None of the answers is correct.
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