Question
The standard rate of pay is $12 per direct labor hour. If the actual direct labor payroll was $51744 for 4400 direct labor hours worked,
The standard rate of pay is $12 per direct labor hour. If the actual direct labor payroll was $51744 for 4400 direct labor hours worked, the direct labor price (rate) variance is
answer is 1056 favorable
why it is favorable ?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
