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The following data relate to direct labor costs for the current period: Line Item Description Value Standard costs 7,500 hours at $11.90 Actual costs 6,000
The following data relate to direct labor costs for the current period:
| Line Item Description | Value |
|---|---|
| Standard costs | 7,500 hours at $11.90 |
| Actual costs | 6,000 hours at $10.30 |
The direct labor time variance is
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Financial Accounting
Authors: Anne Britton, Christopher Waterston
3rd Edition
027365859X, 978-0273658597
