Hassock Corporation produces woven wall hangings. It takes 2 hours of direct labor to produce...
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Accounting
Hassock Corporation produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassocks standard labor cost is $12 per hour. During August, Hassock produced 10,000 units and used 21,040 hours of direct labor at a total cost of $250,376. What is Hassocks labor rate variance for August?
Multiple Choice
A) $2,000 favorable.
B) $2,104 unfavorable.
C) $2,104 favorable.
D) $4,160 favorable.
E) $2,000 unfavorable.
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