The following data relate to direct labor costs for the current period: 7,200 hours at $11.20 6,300 hours at $10.50 Standard costs Actual costs The direct labor time variance is Oa. $10,080 unfavorable Ob. $9,450 favorable Oc. $9,450 unfavorable Od. $10,080 favorable

The following data relate to direct labor costs for the current period: 7,200 hours at $11.20 6,300 hours at $10.50 Standard costs Actual costs The direct labor time variance is Oa. $10,080 unfavorable Ob. $9,450 favorable Oc. $9,450 unfavorable Od. $10,080 favorable

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Description: The following data relate to direct labor costs for the current period:7,200 hours at $11.206,300 hours at $10.50Standard costsActual costsThe direct labor time variance isOa. $10,080 unfavorableb. $9,450 favorableOc. $9,450 unfavorableOd. $10,080 f

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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Data on Gantry Company's direct labor costs are given below: Standard direct labor-hours Actual direct labor-hours Direct labor efficiency variance-favorable Direct labor rate variance-favorable Total direct labor payroll What was Gantry's actual direct labor rate? re to search Multiple Choice $7.80 $3.40 II
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