Question: Saved TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Taskaster established the following standards for the
Saved TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Taskaster established the following standards for the prime costs of one unit of product Direct Materials Direct Labor Standard Quantity 9 pounds 0.20 hour Standard Price $1.70 per pound $6.60 per hour Standard Cost $15.30 1.32 $16.62 During November, TaskMaster purchased 215,000 pounds of direct materials at a total cost of 5387,000. The total factory wages for -- were $40,000, 80% of which were for direct labor. TaskMaster manufactured 23,000 units of product during November using 190.000 pou direct materials and 5,000 direct labor hours. What is the direct labor rate variance for November? Multiple Choice O $1.000 $4,280 Next 9 of 25 Prev
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