Jones Company has budgeted two hour of direct labor per chair at a standard cost of $20 per hour. During January, 150 actual hours were worked, completing 100 chairs. All were sold and Jones Company actually labor $21 per hour. What is the direct labor cost variance for January?
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Home » Business » Jones Company has budgeted two hour of direct labor per chair at a standard cost of $20 per hour. During January, 150 actual hours were worked, completing 100 chairs. All were sold and Jones Company actually labor $21 per hour.