The labor rate variance for the month is closest to:

A) $1,020 F
B) $1,020 U
C) $920 F
D) $920 U

Question

The labor rate variance for the month is closest to:A) $1,020 FB) $1,020 UC) $920 FD) $920 U

Laneisha Douglas · Accepted Answer

Final Answer : D, Explanation :  Labor rate variance = (AH × AR)? (AH × SR)= AH × (AR - SR)= 2,300 hours × ($21.70 per hour - $21.30 per hour)= 2,300 hours × ($0.40 per hour)= $920 U

The labor rate variance for the month is closest to:

A) $1,020 F
B) $1,020 U
C) $920 F
D) $920 U

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