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Given the Following Information in Standard Costing What Is the Direct Labor Rate Variance?
A) $3,160 Favorable

question 1

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Given the following information in standard costing:
 Standard 16,000 hours at $4.00 Actual 15,800 hours at $4.20\begin{array} { | l | l | } \hline \text { Standard } & 16,000 \text { hours at } \$ 4.00 \\\hline \text { Actual } & 15,800 \text { hours at } \$ 4.20 \\\hline\end{array}
What is the direct labor rate variance?


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