Multiple Choice
Grub Chemical Corporation has developed cost standards for the production of its new cologne, ChocO. The variable cost standards below relate to each 10 gallon batch of ChocO:
Variable manufacturing overhead at Grub is applied based on direct labor-hours. The actual results for last month were as follows:
-What is ChocO's labor rate variance?
A) $902 Favorable
B) $2,880 Favorable
C) $3,782 Favorable
D) $14,432 Favorable
Correct Answer:
Verified
Correct Answer:
Verified
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