Montana Company Uses a Standard Costing System How Many Actual Labor Hours Were Worked During February for Pertains

question 49

Multiple Choice

Montana Company uses a standard costing system. The following information pertains to direct labor costs for the month of February: $$\begin{array} { l l } \text { Standard direct labor rate per hour } & \$ 15.00 \\\text { Actual direct labor rate per hour } & \$ 13.50 \\\text { Labor rate variance } & \$ 18,000 \text { favorable } \\\text { Actual output } & 1,000 \text { units } \\\text { Standard hours all owed for actual production } & 10,000 \text { hours }\end{array}$$ How many actual labor hours were worked during February for Montana Company?

• A)10,000
• B)12,000
• C)1,200
• D)2,000

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The measure of the impact that an event, policy, or market trend has on economic factors such as growth, employment, inflation, and investment.

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