Question - Tyro Co. uses a standard cost system. The following information pertains to direct labor for product B for the month of May:
Actual rate paid $8.40 per hour
Standard rate $8.00 per hour
Standard hours allowed for actual production 2,000 hours
Labor efficiency variance $ 800 unfavorable
What were the actual hours worked?
a. 1,900
b. 1,905
c. 2,095
d. 2,100