Standard labor-hours per unit of output... 3.3 hours $16.15 Standard labor rate per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost Actual output. 6.300 hours $103.635 2.000 units What is the labor rate variance for the month?

Standard labor-hours per unit of output... 3.3 hours $16.15 Standard labor rate per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost Actual output. 6.300 hours $103.635 2.000 units What is the labor rate variance for the month?

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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