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Alexis Company recently completed 11,600 units of its single product, consuming 47,000 labor hours that cost the firm $742,600. According to manufacturing specifications, each unit

Alexis Company recently completed 11,600 units of its single product, consuming 47,000 labor hours that cost the firm $742,600. According to manufacturing specifications, each unit should have required 4 hours of labor time at $16.20 per hour.

On the basis of this information, determine Alexis's labor rate variance and labor efficiency variance.

Rate Efficiency
A. $ 18,560 F $ 9,480 F
B. $ 18,560 F $ 9,480 U
C. $ 18,800 F $ 9,720 F
D. $ 18,800 F $ 9,720 U
E. $ 18,800 U $ 9,720 U

Choice A

Choice B

Choice C

Choice D

Choice E

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