Question
The Fellowes Company has developed standards for labor. During June, 70 units were scheduled and 100 were produced. Data related to labor are: Standard hours
The Fellowes Company has developed standards for labor. During June, 70 units were scheduled and 100 were produced. Data related to labor are:
| Standard hours allowed | 2 | hours per unit | ||
| Standard wages allowed | $ | 3.00 | per hour | |
| Actual direct labor | 210 | hours (total cost $609) | ||
What is the labor rate variance for June?
$20 unfavorable.
$21 favorable.
$21 unfavorable.
$20 favorable.
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Advanced Financial Accounting
Authors: Richard E. Baker, Valdean C. Lembke, Thomas E. King
3rd Edition
0070054142, 978-0070054141
