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EastWind [94]
3 years ago
5

The standard rate of pay is $20 per direct labor hour. If the actual direct labor payroll was $117600 for 6000 direct labor hour

s worked, the direct labor price (rate) variance is $3000 favorable. $2400 unfavorable. $2400 favorable. $3000 unfavorable.
Business
1 answer:
Andru [333]3 years ago
8 0

Answer:

Direct labour rate variance

=  (Standard rate - Actual rate) x Actual hours worked

= ($20 - $19.60) x 6,000 hours

= $2,400(F)

Actual rate = <u>Actual labour cost</u>

                     Actual hours worked

                   = <u>$117,600</u>

                       6,000 hours

                   = $19.60

Explanation:

Direct labour rate variance is the difference between standard rate and actual rate multiplied by actual direct labour hours worked. Actual rate is calculated as the ratio of actual labour cost and actual hours worked.

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Project scope importance:

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The promotional mix consists of:a. public relations, direct marketing, personal selling, and publicityb. advertising, personal s
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In preparing its bank reconciliation for the month of April 2018, Coronado, Inc. has available the following information. Balanc
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The journal entry to record direct labor used in process costing is a(n): Multiple choice question. increase in assets and an in
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