None Annapolis Company completes job #601which has a standard of 610 labor hours ata standard rate of $19.30 per hour. The jobwas completed in 590 hours and theaverage actual labor rate was $19.10 perhour.What is the labor rate variance?

Step 1: Introduction to the Labor Rate VarianceLabor rate variance is a variation between the actual…

Answered: Annapolis Company completes job #601…

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 23Q: If a factory operates at 100% of capacity one month, 90% of capacity the next month, and 105% of...

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ans
Labor Rate?
Answer? ? General Accounting
General Accounting
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Annapolis Company completes job #601 which has a standard of 610 labor hours at a standard rate of $19.30 per hour. The job was completed in 590 hours and the average actual labor rate was $19.10 per hour. What is the labor rate variance?