125 points Save Answer Question 2 Using the labor time standard of .5 labor hour

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125 points Save Answer Question 2 Using the labor time standard of .5 labor hour per unit and labor cost standard of $10 per labor hour for a 10 pound bag of chocolate and the following actual cost and usage data, compute the direct labor rate variance Direct labor hours used Total cost of direct labor Number of good units produced O$3960 (Favorable) O 4500 (unfavorable) O$3960 (Unfavorable) O $4500 (favorable) 4950 hours $53,460 9000 units Save and Submit Click Save and Submit to save and submiti Click Save All Answers to save all ansuwers. Save All Answers Save and Submit

Explanation / Answer

Direct labor rate variance = 53460-(4950*10)= 3960 Unfavorable Option 3 is correct

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