The following labor standards have been established for a particular product : Standard labor -hours per unit

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The following labor standards have been established for a particular product : Standard labor -hours per unit of output 1.7 hours Standard labor rate $14.05 per hour The following data pertain to operations concerning the product for the last month : Actual hours worked Actual total labor cost Actual output 3,700 hours $50,690 2,300 units What's the labor rate variance for the month ?

Posted Date: May 10, 2024 01:41 AM

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The following labor standards have been established for a particular product : Standard labor -hours per unit

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