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Williams Corporation reports the following direct labor information for November: Standard rate $ 36.00 per hour Actual rate paid $ 36.90 per hour Standard hours
Williams Corporation reports the following direct labor information for November:
Standard rate | $ | 36.00 | per hour |
Actual rate paid | $ | 36.90 | per hour |
Standard hours allowed for actual production | 44,100 | hours | |
Labor efficiency variance | $ | 219,600 | F |
Required:
Based on these data, what was the number of actual hours worked and what was the labor price variance?
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