Answered: The following data relate to direct labor costs for August. What is the direct labor rate variance? Actual costs: 5,500 hours at $24.00 per hour Standard costs:…

FINANCIAL ACCOUNTING

10th Edition

ISBN: 9781259964947

Author: Libby

Publisher: MCG

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The following data relate to direct labor costs for
August. What is the direct labor rate variance?
Actual costs: 5,500 hours at $24.00 per hour
Standard costs: 5,000 hours at $23.70 per hour

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