Multiple Choice
Rickett Corporation had a favorable direct-labor efficiency variance of $6,000 for the period just ended. The actual wage rate was $0.50 more than the standard rate of $12.00. If the company's standard hours allowed for actual production totaled 9,500, how many hours did the firm actually work?
A) 9,000.
B) 9,020.
C) 9,980.
D) 10,000.
E) None of the answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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