Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Use the following data to find the total direct labor cost variance if the company produced 3,500 units during the period. Direct labor standard (4.00
Use the following data to find the total direct labor cost variance if the company produced 3,500 units during the period.
Direct labor standard (4.00 hrs. @ $6.20/hr.) | $ | 24.80 | per unit | |
Actual hours worked | 12,050 | |||
Actual rate per hour | $ | 6.30 | ||
Multiple Choice
-
$12,050 favorable.
-
$1,400 favorable.
-
$1,400 unfavorable.
-
$10,885 unfavorable.
-
$10,885 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