PLEASE SHOW ME HOW TO SOLVE THIS PROBLEM. The standard direct labor cost for producing...
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PLEASE SHOW ME HOW TO SOLVE THIS PROBLEM.
The standard direct labor cost for producing one unit of product is 5 direct labor hours at a standard rate of pay of $8. Last month, 5,000 units were produced and 24,600 direct labor hours were actually worked at a total cost of $180,000. The direct labor quantity variance was
a. $4,000 unfavorable.
b. $6,000 unfavorable.
c. $6,000 favorable.
d. $3,200 favorable.
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