Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what is the labor rate ($) variance for the month?

What is the labor rate ($) variance for the month? The following labor standards have...

50.1K

Verified Solution

Question

Accounting

What is the labor rate ($) variance for the month? The following labor standards have been established for a particular product:

Standard labor-hours per unit of output.............

2.4 hours

Standard labor rate.............................................

$15.45 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked............

5,400 hours

Actual total labor cost..........

$85,860

Actual output........................

2,200 units

$2,430 F

$1,854 U

$1,854 F

$2,430 U

$4,190 U

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

Medical Sciences
1.2K views

Increasing ________ would increase the sarcomere length in contractile cardiomyocytes leading to increased _________. a. end diastolic...

Biology
1.2K views

List the 8 stages of the life cycle of a fern plant You need to...

Physics
1.2K views

1 i ii and iii When a stretched wire and a tuning fork are sounded...

Geometry
1.2K views

Use the Pythagorean theorem to determin e triangle and c determine the area of the

Geometry
1.2K views

Write an equation for a quadratic function that has been reflected in the x axis...

Calculus
1.2K views

13 83 Mark s morning class scored an average of 89 25 points across 4...

Algebra
1.2K views

Identify the greatest common factor then factor it out 18m 6 24

Accounting
1.2K views

A machine costing $211,000 with a four-year life and an estimated $17,000 salvage value is...

Accounting
1.2K views

Exercise 7-14(algo) precently of receivables methos lo p3

Accounting
1.2K views

EXCELL COMPANY Balance Sheet At June 30, 2024 Assets Current assets: Total current assets Investments...

Accounting
1.2K views

company A is selling a product for $120. The contribution margin is 20%. Company A...

Accounting
1.2K views

Desea crear un grfico en MS-Excel en el que los nmeros del grfico varen ampliamente...