Information on Jayhawk's direct labor costs for the month of August is as follows: $$\begin{array} { l r }
\text { Actual rate } & \$ 10 \
\text { Standard hours } & 11,000 \
\text { Actual hours } & 10,000 \
\text { Direct labor price variance-unfavorable } & \$ 4,000
\end{array}$$ What was the standard rate for August?
A)$9.96
B)$9.60
C)$10.40
D)$10.04

Question

Information on Jayhawk's direct labor costs for the month of August is as follows: $$\begin{array} { l r } 
\text { Actual rate } & \$ 10 \
\text { Standard hours } & 11,000 \
\text { Actual hours } & 10,000 \
\text { Direct labor price variance-unfavorable } & \$ 4,000
\end{array}$$ What was the standard rate for August?
A)$9.96
B)$9.60
C)$10.40
D)$10.04

Quizplus · Accepted Answer

The Answer of Information on Jayhawk's direct labor costs for the month of August is as follows: $$\begin{array} { l r } 
\text { Actual rate } & \$ 10 \
\text { Standard hours } & 11,000 \
\text { Actual hours } & 10,000 \
\text { Direct labor price variance-unfavorable } & \$ 4,000
\end{array}$$ What was the standard rate for August?
A)$9.96
B)$9.60
C)$10.40
D)$10.04

Information on Jayhawk's Direct Labor Costs for the Month of August