Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce...
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Accounting
Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassocks standard labor cost is $12 per hour. During August, Hassock produced 19,000 units and used 38,140 hours of direct labor at a total cost of $454,680. What is Hassocks labor rate variance for August?
$2,989 favorable.
$3,000 unfavorable.
$3,000 favorable.
$5,989 favorable.
$2,989 unfavorable.
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