Flapjack Corporation had 7,760 actual direct labor hours at an actual rate of $12.04 per hour. Original production had been budgeted for 1,100 units, but only 970 units were actually produced. Labor standards were 7.2 hours per completed unit at a standard rate of $13.00 per hour. Round your answer to the nearest cent. The direct labor time variance is Oa. $7,457.36 unfavorable Ob. $7,457.36 favorable Oc. $10,088.00 unfavorable Od. $10,088.00 favorable

Flapjack Corporation had 7,760 actual direct labor hours at an actual rate of $12.04 per hour. Original production had been budgeted for 1,100 units, but only 970 units were actually produced. Labor standards were 7.2 hours per completed unit at a standard rate of $13.00 per hour. Round your answer to the nearest cent. The direct labor time variance is Oa. $7,457.36 unfavorable Ob. $7,457.36 favorable Oc. $10,088.00 unfavorable Od. $10,088.00 favorable

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Description: Flapjack Corporation had 7,760 actual direct labor hours at an actual rate of $12.04 per hour. Original production had been budgeted for 1,100 units, but only 970 units were actually produced. Labor standards were 7.2 hours per completed unit at a s

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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