Information for Garner Companys direct-labor costs for the month of September 2011 was as follows Actual direct-labor

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Information for Garner Company’s direct-labor costs for the month of September 2011 was as follows

Actual direct-labor hours ...............................34,500 hours

Standard direct-labor hours ...........................35,000 hours

Total direct-labor payroll .....................................$241,500

Direct-labor efficiency variance—favorable ..........$ 3,200

[CPA Adapted] What is Garner’s direct-labor price (or rate) variance?


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Intermediate Accounting

ISBN: 978-0470161012

9th Canadian Edition, Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

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