question archive The Strawberry Mansion Company reported the following: Standard hours per unit 2

The Strawberry Mansion Company reported the following: Standard hours per unit 2

Subject:AccountingPrice: Bought3

The Strawberry Mansion Company reported the following:

Standard hours per unit

2. 5 hours

Standard rate per hour

$16. 00

Actual hours used

12,560

Actual rate per hour

$15. 50

Number of units produced

4,900


Determine the direct labor rate variance.

 

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