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How many hours did the firm actually work

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Reference no: EM132753311

Problem 1: LCW Corporation had a favorable direct-labor efficiency variance of AED6,000 for the period just ended. The actual wage rate was AED0.50 more than the standard rate of AED12.00. If the company's standard hours allowed for actual production totaled 9,500, how many hours did the firm actually work?

Option 1: 902

Option 2: 900

Option 3: 9,020

Option 4: 9,000

Reference no: EM132753311

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