Question
The following labor standards have been established for a particular product: Standard labor-hours per unit of output ------ 1.5 hours Standard labor rate ------------------------------ $17.55
The following labor standards have been established for a particular product:
Standard labor-hours per unit of output ------ 1.5 hours
Standard labor rate ------------------------------ $17.55 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked ------- 5,300 hours
Actual total labor cost ------ $94,340
Actual output ---------------- 3,600 units
What is the labor rate variance for the month?
| a. | $1,325U | |
| b. | $1,780F | |
| c. | $430F | |
| d. | $430U |
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Software Licence Compliance Survive The Audits
Authors: R. Concessao
1st Edition
1539161560, 978-1539161561
