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General Corp. produces tires. It takes 2 hours of direct labor to produce a single tire General's standard labor cost is $14 per hour. During
General Corp. produces tires. It takes 2 hours of direct labor to produce a single tire General's standard labor cost is $14 per hour. During August, General produced 10,000 tires and used 20,180 hours of direct laborat a total cost of $279.320. What is General's labor rate variance for August? Multiple Choice O 53,171 unfavorable O $3.200 favorable $6,371 favorable $3,171 favorable $3,200 unfavorable. General Electric's flexible budget for 22,000 units of production showed sales, $105,000; variable costs, $33,000; and fixed costs, $20,000. The operating income expected by General Electric when they produce and sell 28,000 units : Multiple Choice O $64,400 $44600 $60,417 O $5,223
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