Hardigree Corporation Makes a Product That Has the Following Direct

question 101

Multiple Choice

Hardigree Corporation makes a product that has the following direct labor standards:
In May the company's budgeted production was 8,900 units, but the actual production was 8,800 units. The company used 2,820 direct labor-hours to produce this output. The actual direct labor cost was $70,218.
-The labor rate variance for May is:

• A) $5,016 U
• B) $5,358 U
• C) $5,016 F
• D) $5,358 F

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Definitions:

Business Fundamentals

Basic principles and considerations that are essential for the successful operation and growth of a business.

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