Information for GIRU Company's direct labor costs for the month of September 2025 was as follows: Actual direct labor hours Standard direct labor hours Total direct labor payroll 38,500 hours 41,000 hours $273,500 Direct labor efficiency variance favorable $3,200 What is GIRU's direct labor price (or rate) variance?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 8PA: Breakaway Companys labor information for May is as follows: A. What is the actual direct labor rate...
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Information for GIRU Company's direct labor costs for the
month of September 2025 was as follows:
Actual direct labor hours
Standard direct labor hours
Total direct labor payroll
38,500 hours
41,000 hours
$273,500
Direct labor efficiency variance favorable $3,200
What is GIRU's direct labor price (or rate) variance?
Transcribed Image Text:Information for GIRU Company's direct labor costs for the month of September 2025 was as follows: Actual direct labor hours Standard direct labor hours Total direct labor payroll 38,500 hours 41,000 hours $273,500 Direct labor efficiency variance favorable $3,200 What is GIRU's direct labor price (or rate) variance?
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