GB 519 RANK Career Path Begins/gb519rank.com GB 519 RANK Career Path Begins/gb519rank.com | Page 56

competitive price, what is the target cost if ECC wants to
maintain
its same income level?
Student Answer:
$210.
$200.
$190.
$180
Question 14. Question : Lucky Company's direct labor
information for the month of
February is as follows:
Actual DL Hours Word (AQ) = 61,500
Standard DL Hours Allowed (SQ) = 63,000
Total Payroll for DL = $774,900
DL Efficiency Variance = $18,000
The standard direct labor rate per hour is:
Student Answer:
$12.00.
$12.30.
$12.60.