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#24 Baker Company's standard labor cost of producing one unit of...

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Accounting

#24
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Baker Company's standard labor cost of producing one unit of Product DD is3 hours at the rate of $10.00 per hour. During August, 30,500 hours of labor are incurredat a cost of $10.10 per hour to produce 10,000 units of Product DD. Calculate the DL Price (Rate) Variance. Please indicate if the variance if Favorable or Unfavorable by using an "F" or a "U" Do not enter "$" or commas in your answer. For examples the answer is $1000 Favorable please enter 1000E

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