Europa Company manufactures only one product. Presented below is direct labor information for November. Standard direct labor hours 4.70 per unit of product Number of finished units produced Standard wage rate per direct labor hour (SP) 4,800 $ 20.70 Total direct labor payroll for $ the period 418,250 Actual wage rate per direct $17.50 labor hour worked (AP) The direct labor rate variance for November (to the nearest dollar) was:

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Europa Company manufactures only
one product. Presented below is direct
labor information for November.
Standard direct labor hours 4.70
per unit of product
Number of finished units
produced
Standard wage rate per
direct labor hour (SP)
4,800
$ 20.70
Total direct labor payroll for $
the period
418,250
Actual wage rate per direct $17.50
labor hour worked (AP)
The direct labor rate variance for
November (to the nearest dollar) was:
Multiple Choice
$23,900 unfavorable.
$27,738 unfavorable.
$48,742 favorable.
$76,480 favorable.
$104,218 favorable.
Transcribed Image Text:Europa Company manufactures only one product. Presented below is direct labor information for November. Standard direct labor hours 4.70 per unit of product Number of finished units produced Standard wage rate per direct labor hour (SP) 4,800 $ 20.70 Total direct labor payroll for $ the period 418,250 Actual wage rate per direct $17.50 labor hour worked (AP) The direct labor rate variance for November (to the nearest dollar) was: Multiple Choice $23,900 unfavorable. $27,738 unfavorable. $48,742 favorable. $76,480 favorable. $104,218 favorable.
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