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What the direct labor rate variance for October

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Reference no: EM133124574

Question - Marv Company's direct labor costs for manufacturing its only product were as follows for October:

Standard direct labor hours (DLHs) per unit of product 2.0

Budgeted finished units for the period 7,700

Actual number of finished units produced 6,200

Standard wage rate per direct labor hour (SP) $26.00

Direct labor costs incurred $326,400

Actual wage rate per direct labor hour (AP) $24.00

Required - What the direct labor rate variance for October?

Reference no: EM133124574

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