Use the following data to find the direct labor cost variance. Direct labor standard (3.5 hrs. @

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Use the following data to find the direct labor cost variance.

Direct labor standard (3.5 hrs. @ $7/hr.) $24.5 per unit

Actual hours worked per unit3 hours

Actual units produced3,100 units

Actual rate per hour$7.5

a. $8,700 unfavorable.

b. $7,700 favorable.

c. $6,700 unfavorable.

d. $5,450 favorable.

e. $6,200 favorable.

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Microeconomics A Contemporary Introduction

ISBN: 978-1111415921

9th edition

Authors: William A. McEachern

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Question Posted: Sep 19, 2013 05:30 AM

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Use the following data to find the direct labor cost variance. Direct labor standard (3.5 hrs. @

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e 6200 favorable Labor rate variance Actual hours x Standard labor rate A...View the full answer

Microeconomics A Contemporary Introduction

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