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The Hanson Corporation employs a standard costing system. The following data are available for February Actual direct labor-hours worked...... Standard direct labor rate........ Labor rate
The Hanson Corporation employs a standard costing system. The following data are available for February Actual direct labor-hours worked...... Standard direct labor rate........ Labor rate variance... 6,500 hours $8 per hour $2,600 Favorable The actual direct labor rate for February is: A. $7.60 per hour B. $8.40 per hour C. $8.00 per hour D. $2.50 per hour
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