Dibert Incorporated has provided the following data concerning one of the products in its standard cost system. The company has reported the following actual results for the product for February:
The labor rate variance for the month is closest to:
A) $5,746 Unfavorable
B) $6,069 Favorable
C) $5,746 Favorable
D) $6,069 Unfavorable

Question

Dibert Incorporated has provided the following data concerning one of the products in its standard cost system.  The company has reported the following actual results for the product for February:
 The labor rate variance for the month is closest to:
A) $5,746 Unfavorable 
B) $6,069 Favorable 
C) $5,746 Favorable 
D) $6,069 Unfavorable

Quizplus · Accepted Answer

The Answer of Dibert Incorporated has provided the following data concerning one of the products in its standard cost system.  The company has reported the following actual results for the product for February:
 The labor rate variance for the month is closest to:
A) $5,746 Unfavorable 
B) $6,069 Favorable 
C) $5,746 Favorable 
D) $6,069 Unfavorable

Dibert Incorporated Has Provided the Following Data Concerning One of the Products