Multiple Choice
Master Auto Parts has a standard labor rate of $10.50 per hour.In September, the company produced 10,000 gears using 24,000 labor hours.The company experienced a favorable labor rate variance of $18,000 during September.How much is Master Auto Parts' actual labor rate per hour?
A) $9.75
B) $11.25
C) $13.50
D) $7.50
Correct Answer:
Verified
Correct Answer:
Verified
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