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If Actual Direct Labor Cost Was $7,560 and Standard Labor

Question 29

Multiple Choice

If actual direct labor cost was $7,560 and standard labor cost was $7,000,the journal entry to record this would include:


A) A credit to the labor rate variance account of $560 and a credit to Direct Labor of $7,000.
B) A debit to the labor rate variance account of $560 and a debit to Direct Labor of $7,000.
C) A credit to the labor rate variance account of $560 and a debit to Direct Labor of $7,560.
D) A debit to the labor rate variance account of $560 and a credit to Direct Labor of $7,560.

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