Direct Labor Rate per Hour?

Question

For the month of April, Thorp Co.'s records disclosed the following data relating to direct labor:

Actual cost $10,000
Rate variance $ 1,000 favorable
Efficiency variance $ 1,500 unfavorable

For the month of April, actual direct labor hours amounted to 2,000. In April, Thorp's standard direct labor rate per hour was:

Answer 1

Rate Variance = AT (SR - AR)
==> + $1,000 = AT (SR - AR)
==> + $1,000 = AT . SR - AT. AR
==> + $1,000 = AT . SR - Actual Cost
==> + $1,000 = AT . SR - $10,000
==> + $1,000 + $10,00 = 2,000 hours . SR
==> 2,000 hours . SR = + $11,000
==> SR = + $11,000/2,000 hours
==> SR = + $5.50 /hour

Refer to this for a better understanding of labor variances
http://www.futureaccountant.com/standard-costing-variance-analysis/study-notes/labour-labor-standard-budgeted-actual-input-output-time-rate-cost.php

Answer 2

Have you considered doing your own homework?