The following data relate to direct labor costs for August:Actual costs: 5,500 hours at $24.00 per hour.Standard costs: ...
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Actual costs: 5,500 hours at $24.00 per hour.
Standard costs: 5,000 hours at $23.70 per hour.
What is the direct labor rate variance?
a. | $1,650 unfavorable |
b. | $1,500 favorable |
c. | $1,500 unfavorable |
d. | $1,650 favorable |