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:- TGS085971

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