Thế following labor standards have been established for a particular product Standard labor-hours per unit of output 9.2 hours Standard 1abor rate $16.40 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost Actual output 9,400 hours $151,340 930 units What is the labor rate variance for the month?
Thế following labor standards have been established for a particular product Standard labor-hours per unit of output 9.2 hours Standard 1abor rate $16.40 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost Actual output 9,400 hours $151,340 930 units What is the labor rate variance for the month?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
9q-3
![The following labor standards have been established for a particular product
Standard labor-hours per unit of output
standard 1abor rate
9.2 hours
$16.40 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked
Actual total labor cost
Actual output
9,400 hours
$151,340
930 units
What is the labor rate variance for the month?
Multiple Choice
$1,022 F
$13.588 U](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0fb43783-3f80-40fb-b6eb-aad1a36b1191%2F8a4ab18c-ae1a-4ffe-8075-6ab2043a7b76%2Fha3lh6e_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following labor standards have been established for a particular product
Standard labor-hours per unit of output
standard 1abor rate
9.2 hours
$16.40 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked
Actual total labor cost
Actual output
9,400 hours
$151,340
930 units
What is the labor rate variance for the month?
Multiple Choice
$1,022 F
$13.588 U
![Actual hours worked
9,400 hours
Actual total labor cost
$151,340
Actual output
930 units
What is the labor rate variance for the month?
Multiple Choice
$11,022 F
$13,588 U
$11,022 U
$2.820 F](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0fb43783-3f80-40fb-b6eb-aad1a36b1191%2F8a4ab18c-ae1a-4ffe-8075-6ab2043a7b76%2Fdnd9sj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Actual hours worked
9,400 hours
Actual total labor cost
$151,340
Actual output
930 units
What is the labor rate variance for the month?
Multiple Choice
$11,022 F
$13,588 U
$11,022 U
$2.820 F
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