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Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (1.00 hrs. @
Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance.
Direct labor standard (1.00 hrs. @ $19.10/hr.) | $ | 19.10 | per finished unit | |
Actual direct labor hours | 85,400 | hrs. | ||
Actual finished units produced | 85,200 | units | ||
Actual cost of direct labor | $ | 1,646,320 |
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