The standard number of hours that should have been worked for the output attained is 6000 direct labor hours and the actual number of direct labor hours worked was 6300. If the direct labor price variance was $3150 unfavorable and the standard rate of pay was $8.0 per direct labor hour, what was the actual rate of pay for direct labor? O $7.50 per direct labor hour O $6.50 per direct labor hour $8.50 per direct labor hour O $8.00 per direct labor hour

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The standard number of hours that should have been worked for the output attained is 6000 direct labor hours and the actual number
of direct labor hours worked was 6300. If the direct labor price variance was $3150 unfavorable and the standard rate of pay was $8.0
per direct labor hour, what was the actual rate of pay for direct labor?
$7.50 per direct labor hour
$6.50 per direct labor hour
$8.50 per direct labor hour
O $8.00 per direct labor hour
Transcribed Image Text:The standard number of hours that should have been worked for the output attained is 6000 direct labor hours and the actual number of direct labor hours worked was 6300. If the direct labor price variance was $3150 unfavorable and the standard rate of pay was $8.0 per direct labor hour, what was the actual rate of pay for direct labor? $7.50 per direct labor hour $6.50 per direct labor hour $8.50 per direct labor hour O $8.00 per direct labor hour
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