Financial Account @ Flapjack Corporation had 7,809 actual direct labor hours at an actual rate of$12.40 per hour. Original production had been budgeted for 1,100 units, butonly 970 units were actually produced. Labor standards were 7.4 hours percompleted unit at a standard rate of $12.79 per hour. The direct labor ratevariance is:a. $3,045.51 unfavorableb. $3,045.51 favorablec. $8,120.12 unfavorabled. $8,120.12 favorable

Step 1: Recall the formulaThe direct labor rate variance is calculated using the formula: Direct…

Answered: Flapjack Corporation had 7,809 actual…

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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Yi.15.
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