Evaluate the labor rate variance for the month

Reference no: EM1341163

The following labor standards have been established for a pa

The following labor standards have been established for a particular product: 1.5 standard labor hours per unit at $17.55 per hour. During the last month, 5,300 hours were worked costing $94,340, and 3,600 units were produced.

What is the labor rate variance for the month?

Reference no: EM1341163

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