Use the following data to find the direct labor rate variance if

Question

Use the following data to find the direct labor rate variance if the company produced 7,000 units of product during the period.

Standard:
Direct labor (3.2 hrs. per unit @ $7/hr.)	$22.40 per unit

Actual cost incurred:
Direct labor (24,500 hrs. @ $7.50/hr.)	$183,750

A.$12,250 unfavorable.
B.$14,700 unfavorable.
C.$14,700 favorable.
D.$12,250 favorable.
E.$26,950 favorable.

Answer

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