Multiple Choice
The following data relate to direct labor costs for August:Actual costs: 5,500 hours at $24.00 per hourStandard costs: 5,000 hours at $23.70 per hourWhat is the direct labor rate variance?
A) $1,650 favorable
B) $1,650 unfavorable
C) $1,500 favorable
D) $1,500 unfavorable
Correct Answer:
Verified
Correct Answer:
Verified
Q11: Variances from standard costs are reported to<br>A)
Q12: The total manufacturing cost variance is<br>A) the
Q13: The most effective means of presenting standard
Q14: The standard price and quantity of direct
Q15: Nonfinancial performance output measures are used to
Q17: Incurring actual indirect factory wages in excess
Q18: The variance from standard for factory overhead
Q19: The following information is for the standard
Q20: Greyson Company produced 8,300 units of product
Q21: If the standard to produce a given