What was thorp''s standard direct labor rate per hour, Accounting Basics

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What was thorp''s standard direct labor rate per hour

For the month of April, Thorp Co.'s records disclosed the following data relating to direct labor:

Actual cost $10,000
Rate variance $ 1,000 favorable
Efficiency variance $ 1,500 unfavorable

For the month of April, actual direct labor hours amounted to 2,000. In April, what was Thorp's standard direct labor rate per hour ?

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Accounting Basics: What was thorp''s standard direct labor rate per hour

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Accounting Basics: What was thorp''s standard direct labor rate per hour

Reference No:- TGS071354

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What was thorp''s standard direct labor rate per hour

Reference No:- TGS071354

Recent Questions Asked Accounting Basics

Q : What was the direct labor efficiency variance

Q : What is the labor efficiency variance for the month

Q : What proportion used to minimize costs

Q : What are the actual hours worked

Q : What was thorp''s standard direct labor rate per hour

Q : What is the variable overhead efficiency variance for month

Q : What is bob-s utility maximizing choice between two goods

Q : What is the variable overhead spending variance for month

Q : Find actions actually cause the recession

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