Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please help! the standard number of hours that

please help! The standard number of hours that should have been...

60.1K

Verified Solution

Question

Accounting

please help!
image
The standard number of hours that should have been worked for the output attained is 6,300 direct labor hours and the actual number of direct labor hours worked was 6,000 . If the direct labor price variance was $9,000 favorable, and the standard rate of pay was $9 per direct labor hour, what was the actual rate of pay for direct labor? $7.50 per direct labor hour $8.25 per direct labor hour $9.50 per direct labor hour $9.00 per direct labor hour $8.50 per direct labor hour 4 points The standard rate of pay is $20 per direct labor hour. If the actual direct labor payroll was $117,600 for 5.670 direct labor hours worked, the direct labor price (rate) variance is $1.500 unfavorable. $3,300 unfavorable. $1,500 favorable. $3,300 favorable. $4,200 unfavorable. $4,200 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

Geometry
1.2K views

Which equation represents the line that is parallel to 5x + y = 13 and...

Basic Math
1.2K views

Problem 6: Researchers are testing two new cholesterol medications. Medication is given to some males and...

Civil Engineering
1.2K views

research a topic related to Islamic Architecture such as: Period, Building or Element, The project focuses on...

Operations Management
1.2K views

Chapter 10 You are a supervisor in Macklin Corporation, a manufacturer of carpentry tools that is located...

General Management
1.2K views

Critically assess the business environment and ethics present in an existing a local non-profit environment protection organisation

Accounting
1.2K views

Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into...

Algebra
1.2K views

Enter the value of each exponential expression. When needed, round answers to three decimal places.a....

Algebra
1.2K views

Which of the following statements best explains the correct handling of depreciation on the statement...

Accounting
1.2K views

Coffman Company sold bonds with a face value of $1,000,000 for $950,507. The bonds have...

Accounting
1.2K views

XYZ Ltd will increase its production volume for Product A next year.To promote Product A...

Accounting
1.2K views

Use the information below for Finch Company to answer the question that follow. Finch...

Accounting
1.2K views

Sweeten Company had no jobs in progress at the beginning of the year and no...