Newbill Enterprises recently used 24,000 labor hours to produce 8,600 completed units.According to manufacturing specifications,each unit is anticipated to take 2.75 hours to complete.The company's actual payroll cost amounted to $456,000.If the standard labor cost per hour is $19.20,Newhart's labor rate variance is:
A) $1,920U.
B) $1,920F.
C) $4,800U.
D) $4,800F.
E) None of thesE.
Correct Answer:
Verified
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Q43: Consider the following information: Q44: Which of the following combinations of direct-material Q45: The direct-material price variance is: Q52: Use the following data that relate to Q62: A statistical control chart is best used Q75: The individual generally responsible for the direct-material
A)$4,620F.
B)$4,620U.
C)$5,200F.
D)$5,200U.
E)None of thesE.
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