Question
Use the following data to find the direct labor rate variance if the company produced 6,400 units of product during the period. Standard: Direct labor
Use the following data to find the direct labor rate variance if the company produced 6,400 units of product during the period.
| Standard: | |||
| Direct labor (3.3 hrs. per unit @ $10/hr.) | $ | 33.00 | per unit |
| Actual cost incurred: | |||
| Direct labor (22,920 hrs. @ $10.5/hr.) | $ | 240,660 |
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
18th Edition
0077486277, 978-0077486273
