MUKESH Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standard for the direct labor
4. costs of one unit of product Standard quantity 1.3 hours Standard price 22RS/ per hour Standard cost 28.60 Rs The total factory wages for June were R$800,000, 90 percent of which were
for direct labor. The company manufactured 25,000 units of product during June using 32,000 direct labor hours. The direct labor rate variance for June is?
16,000 favorable
16,000 unfavorable
96,000 favorable
96,000 unfavorable
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MUKESH Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standard for the direct labor
4. costs of one unit of product Standard quantity 1.3 hours Standard price 22RS/ per hour Standard cost 28.60 Rs The total factory wages for June were R$800,000, 90 percent of which were
for direct labor. The company manufactured 25,000 units of product during June using 32,000 direct labor hours. The direct labor rate variance for June is?
16,000 favorable
16,000 unfavorable
96,000 favorable
96,000 unfavorable
Explanation:
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