Michael Corporation manufactures railroad cars, which is its only product. The standards for railroad cars...
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Michael Corporation manufactures railroad cars, which is its only product. The standards for railroad cars are as follows: Standard labor hours per car 30 $20.00 Standard labor cost per direct labor hour During the month of March, the company produced 1,450 railroad cars. Related production data for the month follows: Actual direct labor hours 50,000 $905,000 Actual direct labor total cost What is the direct labor rate variance for the month? O A. $95,000 favorable B. $130,000 favorable C. $130,000 unfavorable D. $95,000 unfavorable
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