Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a job was budgeted to require three hours of labor

A job was budgeted to require three hours of labor per unit at $8 per...

60.1K

Verified Solution

Question

Accounting

A job was budgeted to require three hours of labor per unit at $8 per hour. The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of $198,000. What is the labor rate variance?

$22,000 unfavorable

$16,000 unfavorable

$6,000 unfavorable

$16,000 favorable

$22,000 favorable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Equivalent Units of ProductionUnits of production data for the two departments of ContinentalCable and...Equivalent...

Accounting
1.2K views

The following balance sheet, which has some weaknesses in terminology and classification, has been prepared by...

Biology
1.2K views

medially is called pes planus herniated palate colles palate cleft palate Question 25 2 points...

Geometry
1.2K views

Find the missing angle and arc measures for this figure E D BC ZARB EA...

Statistics
1.2K views

Suppose we have 378 observations in our data and for each we have recorded two...

Algebra
1.2K views

Is the number 996evenly divisible by thenumber 2?YesNo

Accounting
1.2K views

Ronald has an investment opportunity that promises to pay him $52,000 in three years. He...

Accounting
1.2K views

Conversion cost include all of the following except:

Accounting
1.2K views

What has been done, and what further might be done, to enhance auditor independence?

Accounting
1.2K views

At December 31, Hawke Company reports the following results for its calendar year. Credit sales...

Accounting
1.2K views

Instructions: PLEASE ONLY SELECT THE CORRECT LETTER CHOICE AT THE END. Use the following balance...

Accounting
1.2K views

How many different can 6 yellow 3 red and 5 blue bulbs be ordered on...