Zanny Electronics Corporation uses a standard cost system for the production of its water ski radios.-The direct labor standard for each radio is 0.9 hours. The standard direct labor cost per hour is $7.80. During the month of August, Zanny's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708. This resulted in production of 6,900 water ski radios for August. What is Zanny's labor rate variance for August? O 1,188 unfavorable 2,160 favorable O 2,772 favorable 2,808 unfavorable

Zanny Electronics Corporation uses a standard cost system for the production of its water ski radios.-The direct labor standard for each radio is 0.9 hours. The standard direct labor cost per hour is $7.80. During the month of August, Zanny's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708. This resulted in production of 6,900 water ski radios for August. What is Zanny's labor rate variance for August? O 1,188 unfavorable 2,160 favorable O 2,772 favorable 2,808 unfavorable

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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