23. The following labor standards have been established for a particular product:

Standard labor-hours per unit of output		8.7	hours
Standard labor rate	$	12.50	per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked		6,500	hours
Actual total labor cost	$	78,650
Actual output		900	units

What is the labor efficiency variance for the month?

Multiple Choice

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$19,225 F

$19,225 U

$16,093 F

$16,625 F

24. Brand Corporations standards call for 2,875 direct labor-hours to produce 1,150 units of product. During October the company worked 900 direct labor-hours and produced 900 units. The standard hours allowed for October would be:

Multiple Choice

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2,875 hours

1,050 hours

2,250 hours

1,975 hours

25. The following labor standards have been established for a particular product:

Standard labor-hours per unit of output		8.7	hours
Standard labor rate	$	15.60	per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked		8,600	hours
Actual total labor cost	$	131,580
Actual output		850	units

What is the labor rate variance for the month?

Multiple Choice

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$16,218 F

$18,437 U

$16,218 U

$2,580 F

26. Brand Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month:

Budgeted level of activity		9,600	MHs
Actual level of activity		9,800	MHs
Standard variable manufacturing overhead rate	$	8.30	per MH
Actual total variable manufacturing overhead	$	78,570

What was the variable overhead rate variance for the month?

Multiple Choice

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$1,415 Favorable

$1,110 Favorable

$1,660 Unfavorable

$2,770 Favorable