Question
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 8.5 hours Standard labor rate $ 15.40 per
The following labor standards have been established for a particular product:
| Standard labor-hours per unit of output | 8.5 | hours | |
| Standard labor rate | $ | 15.40 | per hour |
The following data pertain to operations concerning the product for the last month:
| Actual hours worked | 8,400 | hours | |
| Actual total labor cost | $ | 126,840 | |
| Actual output | 830 | units | |
What is the labor rate variance for the month?
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Quality Audit In Health Care To Avoid Disallowances Literature Review
Authors: Ana P. Alves De Asevedo
1st Edition
6206120406, 978-6206120407
