Dora Manufacturing reported the following data for the current period: The actual cost of direct labor per hour is $29.50. The standard cost of direct labor per hour is $26.00.The direct labor hours allowed per finished unit is 1.10 hours. During the current period, 5,800 units of finished goods were produced using 6,100 direct labor hours. How much is the direct labor rate variance?

Dora Manufacturing reported the following data for the current period: The actual cost of direct labor per hour is $29.50. The standard cost of direct labor per hour is $26.00.The direct labor hours allowed per finished unit is 1.10 hours. During the current period, 5,800 units of finished goods were produced using 6,100 direct labor hours. How much is the direct labor rate variance?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 7PB: Marymount Company makes one product. In the month of April, it made 3,500 units. Workers were paid...

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