Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The standard number of hours that should have been worked for the output attained is 6,300 direct labor hours and the actual number of direct

The standard number of hours that should have been worked for the output attained is 6,300 direct labor hours and the actual number of direct labor hours worked was 6,000. If the direct labor price variance was $9,000 favorable, and the standard rate of pay was $9 per direct labor hour, what was the actual rate of pay for direct labor?

A-$7.50 per direct labor hour

B-$8.25 per direct labor hour

C-$9.50 per direct labor hour

D-$9.00 per direct labor hour

E-$8.50 per direct labor hour

2. Which of the following is a possible cause of an unfavorable labor price (rate) variance?

A-purchasing too much material

B-hiring too many workers

C-making too many units

D-hiring higher-quality workers at a higher wage

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Theory

Authors: William R Scott

5th Edition

0132072866, 978-0132072861

More Books

Students also viewed these Accounting questions

Question

What degrees does the program offer?

Answered: 1 week ago

Question

What information remains to be obtained?

Answered: 1 week ago

Question

How reliable is this existing information?

Answered: 1 week ago

Question

How appropriate would it be to conduct additional research?

Answered: 1 week ago