Question
At the end of this period, Conch Plebian, Inc. debited $5,100,000 to WIP to record direct labor cost during the period. The firm also debited
At the end of this period, Conch Plebian, Inc. debited $5,100,000 to WIP to record direct labor cost during the period. The firm also debited Direct Labor Price Variance for $12,500. The firm's actual direct labor hours are 250,000 and the actual price is $20.80 per direct labor hour.
What is Conch Plebian Inc.'s direct labor quantity variance?
| a. | $87,500 favorable | |
| b. | Cannot be determined from this information. | |
| c. | $87,500 unfavorable | |
| d. | $100,000 unfavorable |
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Farmers Irs Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304134237, 978-1304134233
