If Actual Direct Labor Cost Was $7,560 and Standard Labor

question 29

Multiple Choice

If actual direct labor cost was $7,560 and standard labor cost was $7,000,the journal entry to record this would include:

• A)A credit to the labor rate variance account of $560 and a credit to Direct Labor of $7,000.
• B)A debit to the labor rate variance account of $560 and a debit to Direct Labor of $7,000.
• C)A credit to the labor rate variance account of $560 and a debit to Direct Labor of $7,560.
• D)A debit to the labor rate variance account of $560 and a credit to Direct Labor of $7,560.

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