Power Co.'s labor information for June is as follows: Direct labor hours worked 69,300 Standard labor hours for units manufactured 72,000 Unfavorable direct labor rate variance $17,325 Total payroll for labor $848,925 A. What was the actual labor rate per hour? Round your answer to two decimal places. Actual labor rate $ per hour B. What was the standard labor rate per hour? Round your answer to two decimal places. Standard labor rate $ per hour C. What was the total standard labor cost for units produced in June? Total standard labor cost S D. What was the direct labor time variance for JunIe? Direct labor rate variance

Principles of Accounting Volume 2
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Author:OpenStax
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Chapter8: Standard Costs And Variances
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Problem 9PA: Power Co.s labor information for June is as follows: A. What was the actual labor rate per hour? B....
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Power Co.'s labor information for June is as follows:
Direct labor hours worked
69,300
Standard labor hours for units manufactured
72,000
Unfavorable direct labor rate variance
$17,325
Total payroll for labor
$848,925
A. What was the actual labor rate per hour? Round your answer to two decimal places.
Actual labor rate $
per hour
B. What was the standard labor rate per hour? Round your answer to two decimal places.
Standard labor rate s
per hour
C. What was the total standard labor cost for units produced in June?
Total standard labor cost
D. What was the direct labor time variance for June?
Direct labor rate variance S
ns
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Transcribed Image Text:Power Co.'s labor information for June is as follows: Direct labor hours worked 69,300 Standard labor hours for units manufactured 72,000 Unfavorable direct labor rate variance $17,325 Total payroll for labor $848,925 A. What was the actual labor rate per hour? Round your answer to two decimal places. Actual labor rate $ per hour B. What was the standard labor rate per hour? Round your answer to two decimal places. Standard labor rate s per hour C. What was the total standard labor cost for units produced in June? Total standard labor cost D. What was the direct labor time variance for June? Direct labor rate variance S ns File Explorer Email Instructor 712 delete home 24 96 & 4 L. backspace lock wnu R Y P JL G J K enter prt sc M shift alt
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