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The following information pertains to direct labor costs for the month of February. This company uses a standard costing system. Standard direct labor price per
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The following information pertains to direct labor costs for the month of February. This company uses a standard costing system.
Standard direct labor price per hour
$15.00
Actual direct labor price per hour
$13.50
Labor price variance
$18,000 favorable
Actual output
1,000 units
Standard quantity (per actual production)
10,000 hours
How many actual direct labor hours were worked during February for this company?
(Hint: think about the direct labor price variance formula)
a. 1,200 hours
b. 12,000 hours
c. 2,000 hours
d. 10,000 hours
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