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How do determine the direct labour rate variance

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Reference no: EM132805309

Problem 1: Chocolate Pty Ltd has set direct labour standards of 3 hours per unit and $5 per hour. During the month 2,900 hours at a total cost of $17,400 were used to produce 1,000 units. Determine the direct labour rate variance.

Select one:

a. $2,400 favourable
b. $2,400 unfavourable
c. $2,900 unfavourable
d. $2,900 favourable

Reference no: EM132805309

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