Question
1. a company has determined that the standard for labor is 2 hours per unit at 10$ per hour. if a process produces 1000 units
1. a company has determined that the standard for labor is 2 hours per unit at 10$ per hour. if a process produces 1000 units and uses 1 hour per unit at 9$ per hour, the labor efficiency variance is
a. 10,000 unfavourable
b. 10,000 favourable
c.12,000 unfavourable
d. 12,000 favourable
2. 1. a company has determined that the standard for labor is 2 hours per unit at 10$ per hour. if a process produces 1000 units and uses 2.5 hour per unit at 9$ per hour, the labor efficiency variance is
a. 2100 fav
b. 2100 unfav
c. 5000 fav
d. 5000 unfav
a company has determined the standard for materials is 10ft squared at 4 dollars per square foot. If a company produces 2000 units and uses15ft squared per unit and 5$dollars
per square foot, the materials quality variance is
a.40,000 unfav
b, 40,000 fav
c. 32,000 fav
d. none of the above.
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