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Sullivan Corporation’s direct labor costs for the month of March were as follows: Standard direct labor hours                                                                  42,000 Actual direct labor hours                                                                       40,000 Direct labor rate variance – favorable                                                   $8,400 Standard direct labor rate per hour                                                         $6.30 What was Sullivan’s total direct labor payroll for the month of March?  Group of answer choices $243,600 $252,000

Sullivan Corporation’s direct labor costs for the month of March were as follows: Standard direct labor hours                                                                  42,000 Actual direct labor hours                                                                       40,000 Direct labor rate variance – favorable                                                   $8,400 Standard direct labor rate per hour                                                         $6.30 What was Sullivan’s total direct labor payroll for the month of March?  Group of answer choices $243,600 $252,000

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Sullivan Corporation’s direct labor costs for the month of March were as follows:

Standard direct labor hours                                                                  42,000

Actual direct labor hours                                                                       40,000

Direct labor rate variance – favorable                                                   $8,400

Standard direct labor rate per hour                                                         $6.30

What was Sullivan’s total direct labor payroll for the month of March? 

Group of answer choices
$243,600
$252,000
$264,600
$260,400
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