Figure 2
Rax Company has developed the following standards for one of its products:
The following activities occurred during the month of October:
The company records materials price variances at the time of purchase.

-Refer to Figure 2. Rax's labour rate variance would be
A) £4,300 favorable
B) £4,300 unfavorable
C) £2,500 favorable
D) £2,500 unfavorable

Question

Figure 2
Rax Company has developed the following standards for one of its products:
The following activities occurred during the month of October:
  The company records materials price variances at the time of purchase.
 
-Refer to Figure 2. Rax's labour rate variance would be
A) £4,300 favorable 
B) £4,300 unfavorable 
C) £2,500 favorable 
D) £2,500 unfavorable

Quizplus · Accepted Answer

The Answer of Figure 2
Rax Company has developed the following standards for one of its products:
The following activities occurred during the month of October:
  The company records materials price variances at the time of purchase.
 
-Refer to Figure 2. Rax's labour rate variance would be
A) £4,300 favorable 
B) £4,300 unfavorable 
C) £2,500 favorable 
D) £2,500 unfavorable

Figure 2 Rax Company Has Developed the Following Standards for One of One