Sheldon Company manufactures only one product and uses a standard cost system. During the past month, manufacturing operations for the company had the following variances: direct labor rate variance = $36,000 favorable; direct labor efficiency variance = $60,000 unfavorable. Sheldon allows 5 standard direct labor hours per unit produced, and its standard direct labor hourly pay rate is $50. During the month, the company used 25% more direct labor hours than the standard allowed. What was the actual hourly rate (AP) for direct labor, rounded to the nearest dollar

Multiple Choice

a. $44.

b. $56.

c. $50.

d. $30.

e. $36.

Answer rating: 100% (QA)

Answer A option G0000 unaiVOunb Drect labour efcie... View the full answer