Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Standard labour cost per unit $45 (3 hours at $15/hour). The company incurred actual direct labour cost of $4,300 when it produced 100 units of
Standard labour cost per unit $45 (3 hours at $15/hour). The company incurred actual direct labour cost of $4,300 when it produced 100 units of finished product this month. It took them 275 hours to produce all 100 units. Based on this calculate the direct labour rate variance. If unfavourable enter answer as a negative.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started