Hardigree Corporation makes a product that has the following direct labor standards: In May the company's budgeted production was 8,900 units, but the actual production was 8,800 units. The company used 2,820 direct labor-hours to produce this output. The actual direct labor cost was $70,218.The labor rate variance for May is:
A) $5,016 Unfavorable
B) $5,358 Unfavorable
C) $5,016 Favorable
D) $5,358 Favorable

Question

Hardigree Corporation makes a product that has the following direct labor standards:  In May the company's budgeted production was 8,900 units, but the actual production was 8,800 units. The company used 2,820 direct labor-hours to produce this output. The actual direct labor cost was $70,218.The labor rate variance for May is:
A) $5,016 Unfavorable 
B) $5,358 Unfavorable 
C) $5,016 Favorable 
D) $5,358 Favorable

Quizplus · Accepted Answer

The Answer of Hardigree Corporation makes a product that has the following direct labor standards:  In May the company's budgeted production was 8,900 units, but the actual production was 8,800 units. The company used 2,820 direct labor-hours to produce this output. The actual direct labor cost was $70,218.The labor rate variance for May is:
A) $5,016 Unfavorable 
B) $5,358 Unfavorable 
C) $5,016 Favorable 
D) $5,358 Favorable

Hardigree Corporation Makes a Product That Has the Following Direct