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bernie2981 bernie2981
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8 years ago
Coltrane Music manufactures musical instrument for sale to students and professionals. The information for one of Coltrane's most popular products, professional saxophones, follows:

Product   Saxophone
Standard direct labor hours per saxophone   1.25
Standard direct labor rate per hour   $27.00
Actual number of saxophones manufactured   650
Actual direct labor hours worked   1,000
Actual total direct labor cost   $25,400

What is the labor rate variance for saxophones?
A) $1,040 favorable
B) $1,600 favorable
C) $1,600 unfavorable
D) $1,040 unfavorable
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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4 years ago
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#4
3 years ago
This is perfect, thank you!
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