The standard direct labor rate per hour (SP) for February (rounded to two decimal places) was:
The standard direct labor rate per hour (SP) for February (rounded to two decimal places) was:
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 7EB: A company estimates its manufacturing overhead will be $840,000 for the next year. What is the...
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Lucky Company's direct labor information for the month of February is as follows:
Actual direct labor hours worked (AQ) | 67,500 | ||
Standard direct labor hours allowed (SQ) | 72,000 | ||
Total payroll for direct labor | $ | 1,080,000 | |
Direct labor efficiency variance | $ | 66,600 | |
The standard direct labor rate per hour (SP) for February (rounded to two decimal places) was:
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