Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Fletcher Company collected the following data regarding production of one of it's products. Compute the direct labor efficiency variance. Direct labor standard (2 hrs. @
Fletcher Company collected the following data regarding production of one of it's products. Compute the direct labor efficiency variance.
Direct labor standard (2 hrs. @ $12,75/hr) $25.50 per finished units
Actual direct labor hours - 91,300 hours
Actual finished units produced - 45,000 units
Actual cost of direct labor - $1,228,000
A. $91,300 Favorable
B. $80,500 Favorable
C. $63,925 Favorable
D. $16,575 Unfavorable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started