Caseys Photography expected to work 400 hours per year taking wedding photos for 50 weddings. Caseys standard
Question:
Casey’s Photography expected to work 400 hours per year taking wedding photos for 50 weddings. Casey’s standard labour rate for photographers is $25 per hour. During the last year, Casey actually worked 420 hours for 50 weddings and paid photographers $10,815. The labour rate and labour efficiency variances are:
a. $315 favourable; $500 favourable
b. $815 favourable; $500 unfavourable
c. $315 favourable; $815 favourable
d. $315 unfavourable; $500 unfavourable
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Cost Management Measuring, Monitoring And Motivating Performance
ISBN: 1601
3rd Canadian Edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott, Liang Hsuan Chen, Gail Cook
Question Posted: