What is Anemone labor rate variance

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Question - Anemone Company produces picture frames. During the year, 200,000 picture frames were produced. Materials and labor standards for producing the picture frames are as follows:

Direct materials (2 pieces of wood @ $3) $6.00Direct labor (2 hours @ $12) $24.00

Anemone purchased and used 600,000 pieces of wood at $4.00 each, and its actual labor hours were 320,000 hours at a wage rate of $13.

What is Anemone's labor rate variance?

a. $450,000 F

b. $320,000 U

c. $445,000 U

d. $660,500 F

Reference no: EM133026533

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