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standard labor hours per unit 4.5 hours standard labor rate $17 per hour actual hours worked 2,000 hours actual labor $38,000 actual output 500 units
| standard labor hours per unit | 4.5 hours |
| standard labor rate | $17 per hour |
| actual hours worked | 2,000 hours |
| actual labor | $38,000 |
| actual output | 500 units |
What is the labor rate variance?
| $4,000 unfavorable | ||
| $1,250 favorable | ||
| $4,000 favorable | ||
| $1,250 unfavorable
Which is correct? |
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Financial Accounting Australia And New Zealand Edition
Authors: Jerry J. Weygandt
11th Edition
1119668654, 978-1119668657
