Question
A review of skilled engineering labor rates and variances at Texas Industries revealed the following: Actual wage per hour was $15,000, as opposed to $13,000
A review of skilled engineering labor rates and variances at Texas Industries revealed the following: Actual wage per hour was $15,000, as opposed to $13,000 planned. Actual labor hours per unit produced were 1.2 compared with 1.4 hours planned. If during a period 1,000 units were produced, which of the following is false?
A)The DL efficiency variance may be random.
B) The DL wage rate variance is unfavorable.
C)The DL wage rate variance is $2,400 favorable.
D)The DL efficiency variance is $26,000 favorable
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Vendor Audit Auditing Construction Contract Trust But Verify A Concise Guidebook On How To Execute Vendor Audit That Add Values To The Companys Bottom Line
Authors: Hin H Leong
1st Edition
1525554093, 978-1525554094
