Question 3 Minmax Co.'s direct labor information for February is as follows: Direct labor hours worked...

Question 3

Minmax Co.'s direct labor information for February is as follows:


Direct labor hours worked (AQ)		33,600
Standard direct labor hours for units manufactured (SQ)		35,000
Unfavorable direct labor rate variance	$	16,800
Total payroll for direct labor	$	487,200

The standard direct labor rate per hour (SP) (to two decimal places) for February was:

Multiple Choice

$13.92.
$14.00.
$14.40.
$14.50.
$15.00.

Minmax Co.'s direct labor information for February is as follows:


Direct labor hours worked (AQ)		35,400
Standard direct labor hours for units manufactured (SQ)		37,700
Unfavorable direct labor rate variance	$	17,700
Total payroll for direct labor	$	407,100

The total direct labor flexible-budget variance in February, to the nearest dollar, was:

Multiple Choice

$7,600 favorable.
$16,198 favorable.
$43,000 favorable.
$43,000 unfavorable.
$51,598 favorable.

Expert Solution

ekkarill92 answered 1 year ago

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