BHB constructs houses. The standard labor rate is $20 per hour, and the standard number of hours is 12,000 per home.

During the year, it constructed 10 homes using 14,000 labor hours per home and a rate of $22 per hour. What was the labor efficiency variance? Show your calculations.

QUESTION 7 BHB constructs houses. The standard labor rate is $20 per hour, and the standard number of hours is 12,000 hours per home. During the year, it constructed 10 homes using 14,000 labor hours per home and a rate of $22 per hour. What was the labor efficiency variance? Show your calculations NATURE