Question: Beyonc is looking at a monthly performance report for her lemonade stand for last month. She has been provided with the following standard cost per
Beyonc is looking at a monthly performance report for her lemonade stand for last month. She has been provided with the following standard cost per batch of lemonade: Manufacturing overhead is allocated on the basis of machine hours. Last month, BeyoncA's lemonade stand produced 150 batches of lemonade and incurred the following costs: a. Purchased 100 pounds of materials at a cost of $3.9 per pound. b. Used 90 pounds of materials in production. (Finished goods and work in process inventories) can be ignored). c. Worked 187 direct labor-hours at a cost of $15.68 per hour. What is Beyonce's labor rate variance for last month? Enter your answer as a positive number (note Favorable or Unfavorable for the next question). Question 8 1 pts Refer to your previous answer to Question 7. Is Beyonc's labor rate variance for last month fovorable or unfavorable? Unfavorable Favorable
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