DT Co Produces Picture Frames

question 161

Essay

DT Co. produces picture frames. It takes 3 hours of direct labor to produce a frame. DT's standard labor cost is $11.00 per hour. During March, DT produced 4,000 frames and used 12,400 hours at a total cost of $133,920. What is DT's labor rate variance for March?

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Definitions:

Liter

A unit of volume in the metric system, equal to 1,000 cubic centimeters or approximately 0.26 gallons.

Amoxicillin

A widely used antibiotic that is part of the penicillin group, effective in treating a variety of bacterial infections by stopping their growth.

Medication

Substances used for medical treatment, especially for the diagnosis, treatment, or prevention of disease.

Dose

The amount of a drug given or taken at one time.