What is the labor rate variance for the month?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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39
Standard labor-hours per unit of output
Standard labor rate.
The following data pertain to operations concerning the product for the last
month:
Actual hours worked
Actual total labor cost
Actual output
What is the labor rate variance for the month?
Multiple Choice
$12,352 U
O $10,141 F
$10,141 U
$2,460 F
$122,180
8,200 hours
www
T
810 units
9.1 hours
$15.20 per hou
Next
Transcribed Image Text:39 Standard labor-hours per unit of output Standard labor rate. The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost Actual output What is the labor rate variance for the month? Multiple Choice $12,352 U O $10,141 F $10,141 U $2,460 F $122,180 8,200 hours www T 810 units 9.1 hours $15.20 per hou Next
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