The Standard Cost of Direct Labor Per Hour Is $10

question 42

Multiple Choice

The standard cost of direct labor per hour is $10.00.Two standard direct labor hours are allowed per finished good.During the current period,512 finished goods were produced using 1,000 direct labor hours.The direct labor price variance is $100,unfavorable.Calculate the actual cost of direct labor per hour.

• A)$2.40
• B)$10.00
• C)$10.10
• D)$20.00

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Definitions:

Contingent

Dependent on or conditioned by something else; subject to chance or variability.

Formula

A mathematical relationship or rule expressed in symbols, typically used to solve problems or to define a process.

Truth Table

A mathematical table used in logic to determine the truth values of a logical expression based on the truth values of its inputs.

Argument

A series of statements or reasons made to persuade others that an action or idea is right or wrong.