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  3. Study Set
    Introduction to Managerial Accounting Study Set 2
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    Exam 15: Journal Entries to Record Variances
  5. Question
    Cafferty Corporation Has Provided the Following Data Concerning Its Direct
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Cafferty Corporation Has Provided the Following Data Concerning Its Direct

Question 3

Question 3

Multiple Choice

Cafferty Corporation has provided the following data concerning its direct labor costs for March: Cafferty Corporation has provided the following data concerning its direct labor costs for March:   The Labor Rate Variance for March would be recorded as a: A) Credit of $855 B) Credit of $780 C) Debit of $780 D) Debit of $855 The Labor Rate Variance for March would be recorded as a:


A) Credit of $855
B) Credit of $780
C) Debit of $780
D) Debit of $855

Correct Answer:

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