Solved

Melrose Inc

Question 32

Multiple Choice

Melrose Inc.uses standard costing.Last period,its flexible budget for labor was $144,000.The direct labor rate variance was $5,000 favorable,and the direct labor efficiency variance was $6,000 unfavorable.In the journal entry to record the use of direct labor,the amount credited to wages payable would be:


A) $144,000.
B) $145,000.
C) $150,000.
D) $151,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions