Asked by Amane gebiraye on May 07, 2024
Verified
The labor rate variance for September is:
A) $3,675 F
B) $3,528 U
C) $3,528 F
D) $3,675 U
Labor Rate Variance
The difference between the actual labor rate paid and the standard or expected labor rate, impacting the total cost of production.
September
September, as identified in the Gregorian calendar system.
- Learn the calculation and interpretation of labor rate variances.
Verified Answer
BS
Braham SinghMay 14, 2024
Final Answer :
B
Explanation :
Labor rate variance = AH × (AR − SR)
= 1,680 hours × ($24.10 per hour − $22.00 per hour)
= 1,680 hours × ($2.10 per hour)
= $3,528 U
= 1,680 hours × ($24.10 per hour − $22.00 per hour)
= 1,680 hours × ($2.10 per hour)
= $3,528 U
Learning Objectives
- Learn the calculation and interpretation of labor rate variances.