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Lucky Company's direct labor information for the month of February is as follows: Actual direct labor hours worked (AQ) 60,000 Standard direct labor hours allowed (SQ) 62,500 Total payroll for direct labor $ 900,000 Direct labor efficiency variance $ 35,000 The standard direct labor rate per hour (SP) for February (rounded to two decimal places) was:

Respuesta :

ayokenny2001

Answer:

$14.4 per hour

Explanation:

Given the above information, the standard direct labor rate per hour

is computed as

Standard direct labor rate per hour

= Total standard direct labor cost / Total standard direct labor hours worked

= (SP × SQ) / SQ

= $900,000 / 62,500

= $14.4 per hour

Therefore, the standard direct labor rate per hour is $14.4

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