The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used Actual rate per hour Standard rate per hour 44,000 $20 $18 Standard hours for units produced 42,000 How much is the direct labor price variance? A. $84,000 favorable B. $88,000 favorable C. $88,000 unfavorable D. $84,000 unfavorable

The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used Actual rate per hour Standard rate per hour 44,000 $20 $18 Standard hours for units produced 42,000 How much is the direct labor price variance? A. $84,000 favorable B. $88,000 favorable C. $88,000 unfavorable D. $84,000 unfavorable

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 19BEA: Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for a Time Period That...

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