The following labor standards have been established for a particular product: Standard labor hours per unit of output 8.1 hours Standard labor rate $14.40 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 8,700 hours Actual total labor cost $129,195 Actual output 1,000 units What is the labor rate variance for the month? Group of answer choices $3,915 U $450 U $450 F
The following labor standards have been established for a particular product:
Standard labor hours per unit of output 8.1 hours
Standard labor rate $14.40 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked 8,700 hours
Actual total labor cost $129,195
Actual output 1,000 units
What is the labor rate variance for the month?
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