Assume that the standard cost to make one finished unit includes 1 hour of direct labor at
Fantastic news! We've Found the answer you've been seeking!
Question:
Assume that the standard cost to make one finished unit includes 1 hour of direct labor at $4 per hour. During march,11,000 direct labor hour were worked,5250 units of product were manufactured and total direct labor cost was $ 40,000
1. What is the labor rate variance for April?
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
Posted Date: