Explain the actual labor rate per hour must be


An automobile parts company has a standard labor rate of $10.50 per hour. In September the company produced 10,000 units using 24,000 labor hours. If the company experienced a favorable labor rate variance of $18,000 during the month, the actual labor rate per hour must be?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Explain the actual labor rate per hour must be
Reference No:- TGS0720063

Expected delivery within 24 Hours