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The Wright Company has a standard costing system. The following data are available for September: Actual hours of direct labor used 2,000 hours Standard rate
The Wright Company has a standard costing system. The following data are available for September:
Actual hours of direct labor used | 2,000 hours |
Standard rate of direct labor | $50 per hour |
Direct labor rate variance | $16,000, unfavorable |
Direct labor efficiency variance | $9,000, favorable |
Direct labor spending (total) variance | $7,000, unfavorable |
The actual rate per hour of the direct labor in September is:
A. | $49 | |
B. | $51 | |
C. | $40 | |
D. | $58 | |
E. | $42 |
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