Question
This is the second question on the quiz that I am not understanding. Exercise 6-15 Crane Paints manufactures artist's oil paints. Each 40 ml tube
This is the second question on the quiz that I am not understanding.
Exercise 6-15
Crane Paints manufactures artist's oil paints. Each 40 ml tube of paint requires 5 minutes of direct labor, and the standard labor rate is $8.12 per direct labor hour. In September, Crane incurred 10,970 direct labor hours at a cost of $86,000 to produce 146,600 tubes of paint.
Calculate Crane's direct labor rate variance for September.(Round answer to 0 decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter 0 for the amounts.)
Direct labor rate variance: $______ choose: favorable, unfavorable, or non applicable
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