99. During January, 7,000 direct labor hours were worked at a standard cost of P20 per hour. If the direct labor rate variance for January was P17,500 favorable, the actual cost per direct labor hour must be C. P22.50 D. P25.00 A. P17.50 B. P20.00

Principles of Accounting Volume 2
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Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 7PA: Ellis Companys labor information for September is as follows: A. Compute the standard direct labor...
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99. During January, 7,000 direct labor hours were worked at a standard cost of P20 per hour. If the direct labor rate variance for
January was P17,500 favorable, the actual cost per direct labor hour must be
A. P17.50
B. P20.00
C. P22.50
D. P25.00
Transcribed Image Text:99. During January, 7,000 direct labor hours were worked at a standard cost of P20 per hour. If the direct labor rate variance for January was P17,500 favorable, the actual cost per direct labor hour must be A. P17.50 B. P20.00 C. P22.50 D. P25.00
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