Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Doris Company is completing month end performance evaluation using a standard cost system. For October, the company has the following information (round answers to the

Doris Company is completing month end performance evaluation using a standard cost system. For October, the company has the following information (round answers to the nearest dollar).

Standards: -
Material 3.5 pounds per unit @ $4.50 per pound
Labor 5.0 hours per unit @ $12.00 per hour
- -
Actual: -
Units Produced 4,000
Material used 11,750 pounds @ $4.25
20,750 direct labor hours @ $12.50 per hour -

What is the labor efficiency variance?

Group of answer choices

$9,000 U

$19,375 U

$9,375 U

$2,050 F

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Assurance Services

Authors: Louwers, Timothy Louwers

5th Edition

0078025443, 978-0078025440

More Books

Students also viewed these Accounting questions

Question

=+ Where, how, why, and when are the products to be bought abroad?

Answered: 1 week ago