Data on Goodman Company's direct-labor costs are given below: ...

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Finance

Data on Goodman Company's direct-labor costs are given below:
Budgeted direct labor hours
30,000
Actual direct labor hours
29,000
Actual direct labor payroll
$110,200
Total direct labor payroll activity variance
$4,200F
Total direct labor payroll flexible variance
$11,600F
What was Goodman's budgeted direct labor rate?
Select one:
a. $3.40
b. $4.06
c. $4.20
d. Neither of the above

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