Gradebook Publishers prints textbooks for public grade schools. The standard direct labor quantity per textbook is 0.5
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Gradebook Publishers prints textbooks for public grade schools. The standard direct labor quantity per textbook is 0.5 direct labor hours and the standard direct labor rate is $10 per hour. Last month, 150,000 textbooks were produced and 73,500 actual direct labor hours were worked. The company's direct labor payroll for last month was $698,250. What was the total direct labor variance?
Related Book For
Managerial Accounting for Managers
ISBN: 978-1259578540
4th edition
Authors: Eric Noreen, Peter Brewer, Ray Garrison
Posted Date: