Get correct answer general accounting Information on Ridgeway's direct labor costs for the month of September is as follows:Actual rate: $12.75.Standard hours: 8,500•Actual hours: 8,000•Direct labor price variance: $4,000 UnfavorableWhat was the standard rate for September?A. $12.25B. $12.00C. $13.25D. $13.50

Step 1: Definition of Direct Labor Price VarianceThe direct labor price variance measures the…

Answered: Information on Ridgeway's direct labor…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 7PA: Ellis Companys labor information for September is as follows: A. Compute the standard direct labor...

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Information on Ridgeway's direct labor costs for the month of September is as follows: Actual rate: $12.75 . Standard hours: 8,500 • Actual hours: 8,000 • Direct labor price variance: $4,000 Unfavorable What was the standard rate for September? A. $12.25 B. $12.00 C. $13.25 D. $13.50