Compute the actual hours worked


Question: Veidt Enterprises uses a standard-costing system. Direct manufacturing labor information for one of their products for the month of October is as follows: standard price, $6.00 per hour; actual price paid, $6.10 per hour; standard hours allowed for actual production, 1,500 hours; direct manufacturing labor efficiency variance, $600 U. Compute the actual hours worked.

i) 1,400

ii) 1,492

iii) 1,568

iv) 1,600

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Accounting Basics: Compute the actual hours worked
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