Homework SourseMC Qu 144 The following labor standards The following labor
MC Qu. 144 The following labor standards...
| The following labor standards have been established for a particular product: |
Solution
Answer:
Labor Rate Variance = (AH * AR) – (AH * SR)
Labor Rate Variance = $152,100 – (10,000 * $15.45)
Labor Rate Variance = $152,100 - $154,500
Labor Rate Variance = $2,400 Favourable
