Breakaway Company's labor information for May is as follows: Actual direct labor hours worked. 47,000 Standard direct labor hours allowed. 46,200 Total payroll for direct labor $1,099,800 Direct labor time variance $18,320 (unfavorable) A. What is the actual direct labor rate per hour? Round your answer to two decimal places. Actual direct labor rate $ per hour B. What is the standard direct labor rate per hour? Round your answer to two decimal places. Standard direct labor rate $ C. What was the total standard direct labor cost for May? Total standard direct labor cost s per hour D. What was the direct labor rate variance for May? Direct labor rate variance $

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Breakaway Company's labor information for May is as follows:
Actual direct labor hours worked
Standard direct labor hours allowed
Total payroll for direct labor
Direct labor time variance
$18,320 (unfavorable)
A. What is the actual direct labor rate per hour? Round your answer to two decimal places.
Actual direct labor rate $
per hour
B. What is the standard direct labor rate per hour? Round your answer to two decimal places.
Standard direct labor rate
per hour
<c. What was the total standard direct labor cost for May?
Total standard direct labor cost $
D. What was the direct labor rate variance for May?
Direct labor rate variance $
47,000
46,200
$1,099,800
Transcribed Image Text:Breakaway Company's labor information for May is as follows: Actual direct labor hours worked Standard direct labor hours allowed Total payroll for direct labor Direct labor time variance $18,320 (unfavorable) A. What is the actual direct labor rate per hour? Round your answer to two decimal places. Actual direct labor rate $ per hour B. What is the standard direct labor rate per hour? Round your answer to two decimal places. Standard direct labor rate per hour <c. What was the total standard direct labor cost for May? Total standard direct labor cost $ D. What was the direct labor rate variance for May? Direct labor rate variance $ 47,000 46,200 $1,099,800
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