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The following standards/unit have been established for product B10: Standard direct labor cost 2 hour...

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Accounting

The following standards/unit have been established for product B10:

Standard direct labor cost 2 hour at $20 per hour

The following data pertain to the most recent months operating during which 100 units of product B10 were made:

Actual direct labor cost 210 hours at $18 per hour

Required:

What was the labor rate variance for the month?

Group of answer choices

favorable $400

none of the other answers

favorable $360

unfavorable $400image

The following standards/unit have been established for product B10: Standard direct labor cost 2 hour at $20 per hour The following data pertain to the most recent month's operating during which 100 units of product B10 were made: Actual direct labor cost .210 hours at $18 per hour Required: What was the labor rate variance for the month? favorable $400 none of the other answers favorable $360 unfavorable $400

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