9. In a certain standard costing system, the following results occurred last period: labour rate variance, $1,000 unfavourable; labour efficiency variance, $2,800 favourable; and the actual labour rate was $0.20 more per hour than the standard labour rate. What number of actual direct labour hours was used last period? Select one: a. 5,400 hours. b. 5,000 hours. c. 4,800 hours. d. 9,000 hours.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

9.

In a certain standard costing system, the following results occurred last period: labour rate variance, $1,000 unfavourable; labour efficiency variance, $2,800 favourable; and the actual labour rate was $0.20 more per hour than the standard labour rate. What number of actual direct labour hours was used last period?
Select one:
a. 5,400 hours.
b. 5,000 hours.
c. 4,800 hours.
d. 9,000 hours.
 
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education