Zennick Fashion Products uses standard costs for their manufacturing division. Standards specify 3.0 direct labor hours per unit of product. At the beginning of the year, the static budget for variable overhead costs included the following data:
At the end of the year, actual data were as follows:
How much is the standard price per hour for variable overhead?
A) $35.00 per direct labor hour
B) $39.50 per direct labor hour
C) $38.00 per direct labor hour
D) $40.00 per direct labor hour
Correct Answer:
Verified
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