The standard rate of pay is $15 per direct labour hour.If the actual direct labour payroll was $58,800 for 4,000 direct labour hours worked, the direct labour price (rate) variance is
A) $1,200 unfavourable.
B) $1,200 favourable.
C) $1,500 unfavourable.
D) $1,500 favourable.
Correct Answer:
Verified
Q74: The total overhead budget variance is equal
Q75: Under a standard costing system, manufacturing overhead
Q76: Which of the following is false?
A)The total
Q77: Blue Fin Co.produces a product requiring 10
Q78: Which of the following statements is FALSE?
A)The
Q80: The total variance is $10,000 favourable.The total
Q81: If the standard hours allowed are less
Q82: EKPN Co.produces wooden boxes.The company's standards per
Q83: The difference between fixed overhead budgeted and
Q147: Income statements prepared internally for management often
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents