Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sample Inc. has the following information: Total payroll $ 166,300 Standard direct labor hours 40,000 Labor rate variance $ 8,800 F Labor mix variance $

Sample Inc. has the following information:

Total payroll $ 166,300
Standard direct labor hours 40,000
Labor rate variance $ 8,800 F
Labor mix variance $ 4,100 F
Labor yield variance $ 2,100 F

What was Sample's actual direct labor rate? (Do not round your intermediate calculations. Round your final answer to 2 decimal places.)

$4.53.

$4.16.

$4.30.

$4.76.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Audit Maximizing Your Companys Efficiency And Effectiveness

Authors: John Nolan

1st Edition

0801975581, 978-0801975585

More Books

Students also viewed these Accounting questions

Question

How to solve maths problems with examples

Answered: 1 week ago

Question

Explain Coulomb's law with an example

Answered: 1 week ago

Question

What is operating system?

Answered: 1 week ago