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Hunter Company produces personalized towel wraps. During May, the company's actual wage rate was ...
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Hunter Company produces personalized towel wraps. During May, the company's actual wage rate was ...
Hunter Company produces personalized towel wraps. During May, the company's actual wage rate was $12.50. The standard wage rate is $12 per hour, and the standard hours allowed for actual production was 9,000. The favorable direct labor efficiency variance for May was $1,200.
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How many hours were actually worked during May?
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
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($12 × 9,000) - $1,200 = $106,800; $106,800 ÷ $12 = 8,900 actual hours worked during May
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this is exactly what I needed
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