A company reports these cost data:
Actual Results
Total labor cost: $
Number of units produced:
Number of labor hours worked:
The company has established these standards:
Number of labor hours to produce one unit:
Standard labor rate: $
What is the labor rate variance?
A $ F
B $ U
C $ F
D $ U A company reports these cost data:
Actual Results
Total labor cost: $
Nurnber of units produced:
Nurnber of latior hours worked:
The company has established these standards:
Number of labor hours to produce one unit:
Standard labor rate: $
What is the lator rale variance?
$
$
$
$
