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What is the direct labor rate variance for dreidell corp

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Reference no: EM132720072

Problem 1: Dreidell Corporation expected to use 4.5 direct labor hours to produce one unit of their product, at a rate of $14.5/DLH. Actual results for last year indicate that they sold 5,000 units, where their direct labor workforce actually worked 6,000 hours at a rate of $14.25/DLH. What is the Direct Labor Rate Variance?

Option 1: $1,500 favorable
Option 2: $1,250 unfavorable
Option 3: $1,250 favorable
Option 4: $1,500 unfavorable

Reference no: EM132720072

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