The following information describes a company's usage of direct labor in a recent period: • Actual Direct Labor Hours Used: 50,000 Actual Rate per Hour: $22 Standard Rate per Hour: $20 Standard Hours for Units Produced: 48,000 How much is the direct labor price variance? Options: A. $100,000 favorable B. $110,000 favorable C. $110,000 unfavorable D. $100,000 unfavorable

The following information describes a company's usage of direct labor in a recent period: • Actual Direct Labor Hours Used: 50,000 Actual Rate per Hour: $22 Standard Rate per Hour: $20 Standard Hours for Units Produced: 48,000 How much is the direct labor price variance? Options: A. $100,000 favorable B. $110,000 favorable C. $110,000 unfavorable D. $100,000 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...

See similar textbooks