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The following data relate to direct labor costs for the current period: Standard costs 6,903 hours at $11.60 Actual costs 6,394 hours at $10.40| What is the direct labor rate variance? (Round Your Answer)

The following data relate to direct labor costs for the current period: Standard costs 6,903 hours at $11.60 Actual costs 6,394 hours at $10.40| What is the direct labor rate variance? (Round Your Answer)

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 8PA: Breakaway Companys labor information for May is as follows: A. What is the actual direct labor rate...
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The following data relate to direct labor costs for the current period: Standard costs 6,903 hours at $11.60 Actual costs 6,394 hours at $10.40| What is the direct labor rate variance? (Round Your Answer)
Transcribed Image Text:The following data relate to direct labor costs for the current period: Standard costs 6,903 hours at $11.60 Actual costs 6,394 hours at $10.40| What is the direct labor rate variance? (Round Your Answer)
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