In a certain standard costing system used by North Rock Technologies, the following results occurred last period: ⚫ Total labor variance = $1,500 Favorable ⚫ Labor efficiency variance = $2,100 Favorable . The actual labor rate was $0.30 more per hour than the standard labor rate. How many direct labor hours were used last period?
In a certain standard costing system used by North Rock Technologies, the following results occurred last period: ⚫ Total labor variance = $1,500 Favorable ⚫ Labor efficiency variance = $2,100 Favorable . The actual labor rate was $0.30 more per hour than the standard labor rate. How many direct labor hours were used last period?
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 10EA: ThingOne Company has the following information available for the past year. They use machine hours...
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How many direct labor hours were last period? General accounting
Transcribed Image Text:In a certain standard costing system used by North Rock Technologies,
the following results occurred last period:
⚫ Total labor variance = $1,500 Favorable
⚫ Labor efficiency variance = $2,100 Favorable
. The actual labor rate was $0.30 more per hour than the standard
labor rate.
How many direct labor hours were used last period?
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