Power Co.'s labor information for June is as follows:Direct labor hours worked69,100Standard labor hours for units manufactured72,000Unfavorable direct labor rate variance$24,185Total payroll for labor$839,565A. What was the actual labor rate per hour? Round youranswer to two decimal places.Actual labor rate $per hourB. What was the standard labor rate per hour? Roundyour answer to two decimal places.Standard labor rate $per hourC. What was the total standard labor cost for unitsproduced in June?Total standard labor cost $D. What was the direct labor time variance for June?Direct labor rate variance $

Name: Power Co.'s labor information for June is as follows:Direct labor hou
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Description: Power Co.'s labor information for June is as follows:Direct labor hours worked69,100Standard labor hours for units manufactured72,000Unfavorable direct labor rate variance$24,185Total payroll for labor$839,565A. What was the actual labor rate per ho

Variance can be defined as the different between the actual units and the budgeted units (or…

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Power Co.'s labor information for June is as follows: Direct labor hours worked 69,100 Standard labor hours for units manufactured 72,000 Unfavorable direct labor rate variance $24,185 Total payroll for labor $839,565 A. What was the actual labor rate per hour? Round your answer to two decimal places.

Power Co.'s labor information for June is as follows: Direct labor hours worked 69,100 Standard labor hours for units manufactured 72,000 Unfavorable direct labor rate variance $24,185 Total payroll for labor $839,565 A. What was the actual labor rate per hour? Round your answer to two decimal places.

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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