Prince Inc.has the following information:
$$\begin{array} { | l | r | l | }
\hline \text { Total payroll } & \$ 165,300 & \
\hline \text { Standard direct labor hours } & 45,000 & \
\hline \text { Labor rate variance } & \$ 8,700 & \mathrm {~F} \
\hline \text { Labor mix variance } & \$ 4,000 & \mathrm {~F} \
\hline \text { Labor yield variance } & \$ 2,000 & \mathrm {~F} \
\hline
\end{array}$$What was Prince's actual direct labor rate?
A) $3.60.
B) $3.70.
C) $3.80.
D) $3.90.

Question

Prince Inc.has the following information: 
$$\begin{array} { | l | r | l | } 
\hline \text { Total payroll } & \$ 165,300 & \
\hline \text { Standard direct labor hours } & 45,000 & \
\hline \text { Labor rate variance } & \$ 8,700 & \mathrm {~F} \
\hline \text { Labor mix variance } & \$ 4,000 & \mathrm {~F} \
\hline \text { Labor yield variance } & \$ 2,000 & \mathrm {~F} \
\hline
\end{array}$$What was Prince's actual direct labor rate?
A) $3.60.
B) $3.70.
C) $3.80.
D) $3.90.

Quizplus · Accepted Answer

The Answer of Prince Inc.has the following information: 
$$\begin{array} { | l | r | l | } 
\hline \text { Total payroll } & \$ 165,300 & \
\hline \text { Standard direct labor hours } & 45,000 & \
\hline \text { Labor rate variance } & \$ 8,700 & \mathrm {~F} \
\hline \text { Labor mix variance } & \$ 4,000 & \mathrm {~F} \
\hline \text { Labor yield variance } & \$ 2,000 & \mathrm {~F} \
\hline
\end{array}$$What was Prince's actual direct labor rate?
A) $3.60.
B) $3.70.
C) $3.80.
D) $3.90.

Prince Inc What Was Prince's Actual Direct Labor Rate? A) $3

Prince Inc What Was Prince's Actual Direct Labor Rate?
A) $3