The standard costs and actual costs for direct labor for the manufactu, Accounting Basics

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The standard costs and actual costs for direct labor for the manufactu

The standard costs and actual costs for direct labor for the manufacture of 2,500 actual units of product are as follows:

Standard Costs
Direct labor 7,500 hours @ $12.00

Actual Costs
Direct labor 7,400 hours @ $11.40

The amount of the direct labor rate variance is:
Answer

A.$4,440 unfavorable

B.$4,500 favorable

C.$4,440 favorable

D.$4,500 unfavorable

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Accounting Basics: The standard costs and actual costs for direct labor for the manufactu

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Accounting Basics: The standard costs and actual costs for direct labor for the manufactu

Reference No:- TGS085719

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Recent Questions Asked Accounting Basics

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Accounting Basics: The standard costs and actual costs for direct labor for the manufactu

Reference No:- TGS085719

Recent Questions Asked Accounting Basics

Q : Statements concerning measurement of gains and losses

Q : What is the average cost

Q : Artificial and biological neural networks

Q : What basis does marilyn take in the inventory

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Q : Data from both the bureau of labor statistics

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