Use the data given below. Standard Actual Rate $12 $12.25 Hours 18,500 17,955 Units of production 9,450 Calculate the direct labor rate variance of the above information. A. $4,488.75 Unfavorable B. $6,851.25 Favorable C. $4,488.75 Favorable D. $6,851.25 Unfavorable

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Use the data given below.
Standard Actual
Rate
$12
$12.25
Hours
18,500
17,955
Units of production
9,450
Calculate the direct labor rate variance of the above information.
A. $4,488.75 Unfavorable
B. $6,851.25 Favorable
C. $4,488.75 Favorable
D. $6,851.25 Unfavorable
Transcribed Image Text:Use the data given below. Standard Actual Rate $12 $12.25 Hours 18,500 17,955 Units of production 9,450 Calculate the direct labor rate variance of the above information. A. $4,488.75 Unfavorable B. $6,851.25 Favorable C. $4,488.75 Favorable D. $6,851.25 Unfavorable
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