Total cost Labor cost Labor hours Wage rate per 1,000 papers Standard variable cost of processing 1,600,000 papers 10) The following information pertains to 1,200,000 papers that were processed by DEP Company: The following processing standards have been set for DEP Co.'s clerical workers: Number of hours per 1,000 papers processed Normal number of papers processed per year Fixed costs per year DEP's labor rate variance is $1,050,000 A) $50,000 unfavorable. C) $10,000 unfavorable. $ 950,000 B) $40,000 favorable. D) $0 190,000 150 1,600,000 $ 750 $1,280,000 $ 200,000

Total cost $1,050,000 Labor cost $950,000 Labor hours 190,000 10) The following information pertains to 1,200,000 papers that were processed by DEP Company: The following processing standards have been set for DEP Co.'s clerical workers: \begin{tabular}{lr} Number of hours per 1,000 papers processed & 150 \\ Normal number of papers processed per year & 1,600,000 \\ Wage rate per 1,000 papers & $750 \\ Standard variable cost of processing 1,600,000 papers & $1,280,000 \\ Fixed costs per year & $200,000 \end{tabular} DEP's labor rate variance is A) $50,000 unfavorable. B) $40,000 favorable. C) $10,000 unfavorable. D) $0