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Rickett Corporation had a favorable direct-labor efficiency variance of $5,600 for the period just ended. The actual wage rate was $1.20 more than the standard
Rickett Corporation had a favorable direct-labor efficiency variance of $5,600 for the period just ended. The actual wage rate was $1.20 more than the standard rate of $10.00. If the company's standard hours allowed for actual production totaled 9,400, how many hours did the firm actually work?
Multiple Choice
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8,840.
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8,900.
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9,900.
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9,960.
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None of the answers is correct.
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