Solved

Prince Inc -
What Was the Standard Direct Labor Rate?
A) $3

Question 26

Multiple Choice

Prince Inc. has the following information:
 Total payroll  Standard direct lab or hours  Labor rate variance  Labor mix variance  Labor yield variance$165,30045,000$8,700F$4,000F$2,000F\begin{array}{c}\begin{array}{lrr} \text { Total payroll } &\\ \text { Standard direct lab or hours } &\\ \text { Labor rate variance } &\\ \text { Labor mix variance } &\\ \text { Labor yield variance} &\\\end{array}\begin{array}{rr}\$ & 165,300 \\& 45,000 \\\$ & 8,700 F \\\$ & 4,000 F \\\$ & 2,000 F\end{array}\end{array}

-
What was the standard direct labor rate?


A) $3.50.
B) $3.80.
C) $4.00.
D) $5.80.

Correct Answer:

verifed

Verified

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

Related Questions