Montana Company uses a standard costing system. The following information pertains to direct labor costs for the month of February:Standard direct labor rate per hour $15.00Actual direct labor rate per hour $13.50Labor rate variance $16,500 favorableActual output 1,000 unitsStandard hours allowed for actual production 10,000 hoursHow many actual labor hours were worked during February for Montana Company?a. 10,000b. 12,000c. 11,000d. 9,000

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Answered: Montana Company uses a standard costing…

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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Subject: accounting
Need help with this question from the prior chapter this is one of them I'm stuck on
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