Minmax Co.'s direct labor information for February is as follows: Direct labor hours worked (AQ) 34,200...

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


Direct labor hours worked (AQ)		34,200
Standard direct labor hours for units manufactured (SQ)		36,000
Unfavorable direct labor rate variance	$	17,100
Total payroll for direct labor	$	461,700

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

Expert Solution

Standard Direct Labor rate per hour for February is $13.30

Calculation:

Particulars	Actual	Standard
Formula	Actual	Formula	Standard
Quantity	-	34,200.00	-	36,000.00
Payroll for Direct Labor	As per question	4,61,700.00	(Actual Expense + Unfavourable Variance) = (461700 + 17100)	4,78,800.00
Direct Labor rate per hour	(Payroll for direct labor / Quantity)	13.50	(Payroll for direct labor / Quantity)	13.30

ekkarill92 answered 1 year ago

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