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The following labor standards have been established for a particular product: Standard labor-hours per unit of output....... 3.3 hours Standard labor rate..................................... $ 16.15 per
The following labor standards have been established for a particular product:
Standard labor-hours per unit of output....... 3.3 hours
Standard labor rate..................................... $ 16.15 per hour
The following data pertain to operations concerning the product for the last month: Actual hours worked.................... 6,300 hours
Actual total labor cost................... $ 103,635
Actual output................................ 2,000 units
What is the labor rate variance for the month?
$2,955 F |
$4,935 F |
$2,955 U |
$1,890 U |
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