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Styles 3. 4. 5. 6 . 24) Kay Kay Inc established the following direct labor costs for one unit of Product D Standard hours 15 hours Standard rate $20 per hour Standard costs $30(15 hours@$20 per hour) During the month of June 20,000 direct labor hours were worked and 12,500 units of product D was manufactured. Total wages relating to direct labor in June were $405,000. What was the direct labor variance rate for June? a)$5,00 unfavorable b) $30,000 unfavorable c) 5,000 favorable d) $30,000 unfavorable

Styles 3. 4. 5. 6 . 24) Kay Kay Inc established the following direct labor costs for one unit of Product D Standard hours 15 hours Standard rate $20 per hour Standard costs $30(15 hours@$20 per hour) During the month of June 20,000 direct labor hours were worked and 12,500 units of product D was manufactured. Total wages relating to direct labor in June were $405,000. What was the direct labor variance rate for June? a)$5,00 unfavorable b) $30,000 unfavorable c) 5,000 favorable d) $30,000 unfavorable

FINANCIAL ACCOUNTING
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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Styles 5 24) Kay Kay Inc established the following direct labor costs for one unit of Product D Standard hours 15 hours Standard rate $20 per hour Standard costs $30(15 hours@$20 per hour) During the month of June 20,000 direct labor hours were worked and 12,500 units of product D was manufactured. Total wages relating to direct labor in June were $405,000. What was the direct labor variance rate for June? a)$5,00 unfavorable b) $30,000 unfavorable c)5,000 favorable d) $30,000 unfavorable
Transcribed Image Text:Styles 5 24) Kay Kay Inc established the following direct labor costs for one unit of Product D Standard hours 15 hours Standard rate $20 per hour Standard costs $30(15 hours@$20 per hour) During the month of June 20,000 direct labor hours were worked and 12,500 units of product D was manufactured. Total wages relating to direct labor in June were $405,000. What was the direct labor variance rate for June? a)$5,00 unfavorable b) $30,000 unfavorable c)5,000 favorable d) $30,000 unfavorable
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