What was thelaborrate variance for the three months to 31 March 2013?

In the three months to 31 March 2013, Pegem Co paidlaborcosts of $62,597.60 for 6,760laborhours. This included 182 hours of non-productivelabor. The standardlaborcost of the product produced is $21.96, based on a standard time of 2.4 hours per unit.

What was thelaborrate variance for the three months to 31 March 2013?
A . $2,408.90Favorable
B . $2,408.90 Adverse
C . $743.60Favorable
D . $743.60 Adverse

View Answer

Answer: D