Question
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 5.6 hours Standard labor rate $11.40 per hour
The following labor standards have been established for a particular product:
| Standard labor-hours per unit of output | 5.6 hours |
| Standard labor rate | $11.40 per hour |
| The following data pertain to operations concerning the product for the last month: |
| Actual hours worked | 1,060 hours |
| Actual total labor cost | $12,508 |
| Actual output | 212 units |
| What is the labor rate variance for the month? |
| $85 F | |
| $424 F | |
| $424 U | |
| $85 U |
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
