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Dibert Inc. has provided the following data concerning one of the products in its standard cost system. Standard Quantity or Inputs Direct labor Hours per
Dibert Inc. has provided the following data concerning one of the products in its standard cost system. Standard Quantity or Inputs Direct labor Hours per Unit of output Standard Price or Rate 0.70 hours $20.40 per hour The company has reported the following actual results for the product for February: Actual output Actual direct labor-hours Actual direct labor cost 5,100 units 3,380 hours $74,698 The labor efficiency variance for the month is closest to: Multiple Choice $3,876 U
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