Razzle Baking Company gathered the following actual results for the current month:
Actual amounts:

Budgeted production and standard costs were:

What is the direct labor rate variance?

Question

Razzle Baking Company gathered the following actual results for the current month:
Actual amounts:

Budgeted production and standard costs were:

What is the direct labor rate variance?

Quizplus · Accepted Answer

D)
Labor rate variance = (Actual rate per hour - Standard rate per hour)× actual hours
$37,000 F = ({$53,000/10,000} - $9)× 10,000

Razzle Baking Company Gathered the Following Actual Results for the Current