Question: Using the following information, compute the labor rate variance. Number of nightstands produced . . . . . . . . . . . .

Using the following information, compute the labor rate variance.

Number of nightstands produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200

Actual hours used to produce nightstands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 970

Actual labor rate per hour . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.75

Standard labor rate per hour . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.50

Standard labor hours per nightstand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5


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