During October, 10,000 direct labor hours were worked at a standard cost of $10 per hour. If the direct labor rate variance forOctober was $4,000 favorable, the actual cost per direct labor hour must be?

4. Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $660,000. Thestandard allows 1 direct labor hour per unit. During 2020, Croissant produced 100,000 units of product, incurred $630,000 of fixed overhead costs.

What is Croissant's fixed overhead volume variance for 2020?

Answer rating: 100% (QA)

To calculate the actual cost per direct labor hour we can use the formula for direct labor rate vari... View the full answer