Information on Enclave Corp.'s direct labor costs for the month of August is as follows: Actual rate Standard hours $7.90 12,200 11,680 $4,212 Unfavorable Actual hours Direct labor price variance What was the standard rate for August?

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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What was the standard rate for August ?

Information on Enclave Corp.'s direct labor costs for the
month of August is as follows:
Actual rate
Standard hours
$7.90
12,200
11,680
$4,212 Unfavorable
Actual hours
Direct labor price variance
What was the standard rate for August?
Transcribed Image Text:Information on Enclave Corp.'s direct labor costs for the month of August is as follows: Actual rate Standard hours $7.90 12,200 11,680 $4,212 Unfavorable Actual hours Direct labor price variance What was the standard rate for August?
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