Pyne Corporation's Actual Output for a Period Was Assigned the Standard

question 168

Essay

Pyne Corporation's actual output for a period was assigned the standard labor cost of $32,500. If the company had an unfavorable direct labor rate variance of $1,750 and a favorable direct labor efficiency variance of $975, what was the total actual cost of direct labor incurred during the period?

---

Definitions:

S-1

A registration statement filed with the U.S. Securities and Exchange Commission used by companies planning on going public to register their securities.

Forms

Various types or categories of documents designed for recording information according to a specific format or structure.

Filing

The process of submitting documents officially to a designated authority or organization, often used in the context of legal, tax, or regulatory documents.

SEC

The Securities and Exchange Commission, a U.S. government agency that oversees the securities markets and protects investors.