Use the following data to find the direct labor rate variance if the company produced 3,800 units during the period. Direct labor standard (4 hrs. @ $6.95/hr.) $27.80 per unit Actual hours worked 14,000 Actual rate per hour $7.40

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Use the following data to find the direct labor rate variance if the company produced 3,800 units during the period.

Direct labor standard (4 hrs. @ $6.95/hr.)

$27.80 per unit

Actual hours worked

14,000

Actual rate per hour

$7.40

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