Gainer Corporation's Standard Wage Rate Is $11

Multiple Choice

Gainer Corporation's standard wage rate is $11.70 per direct labor-hour (DLH) and according to the standards, each unit of output requires 3.9 DLHs. In February, 7,800 units were produced, the actual wage rate was $12.50 per DLH, and the actual hours were 29,940 DLHs. The Labor Rate Variance for February would be recorded as a:

A) debit of $23,952.
B) credit of $23,952.
C) credit of $24,336.
D) debit of $24,336.