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

Multiple Choice

Prince Inc.has the following information:
$$\begin{array} { | l | r | l | } \hline \text { Total payroll } & \$ 165,300 & \\\hline \text { Standard direct labor hours } & 45,000 & \\\hline \text { Labor rate variance } & \$ 8,700 & \mathrm {~F} \\\hline \text { Labor mix variance } & \$ 4,000 & \mathrm {~F} \\\hline \text { Labor yield variance } & \$ 2,000 & \mathrm {~F} \\\hline\end{array}$$ What was the standard direct labor rate?

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