The actual cost of direct labor per hour is $22.50 and the standard cost of direct labor per hour is $21.75. The direct labor hours allowed per finished unit is 0.75 hours. During the current period, 8,200 units of finished goods were produced using 6,400 direct labor hours. How much is the direct labor rate variance?

The actual cost of direct labor per hour is $22.50 and the standard cost of direct labor per hour is $21.75. The direct labor hours allowed per finished unit is 0.75 hours. During the current period, 8,200 units of finished goods were produced using 6,400 direct labor hours. How much is the direct labor rate variance?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...

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