concom mting - Fundamental Accounting Principles - Wild, Shaw, and Chiappetta, 23. Flexible Budgets and ABC Company has set the following standards for one unit of product: Direct materials: 0.5 pounds a $1.00 per pound; Direct labor: 1 hour a $10.00 per hour. The company produced 35,000 units and had the following actual costs: Direct materials: 18,000 pounds at a total cost of $17,280; Direct labor: 36,000 hours at a total cost of $374,400. Compute the labor efficiency variance. Click the answer you think is right. $14,400 F $14,400 U $10,000 u $10,000 F B Head about this Do you know the answer? I know it Think so Unsure No Idea 17 umsen Read