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Help Save & Ext Submit TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Task Master has
Help Save & Ext Submit TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Task Master has established the following standards for the prime costs of one unit of product Standard Standard Quantity 20 pounds 0.40 hour Cost Direct Materials Direct Labor Standard Price $ 2.40 per pound $11.00 per hour $48.00 4.40 $52.40 During November. Task Master purchased 126,400 pounds of direct materials at a total cost of $316,000. The total factory wages for November were $60,000. 90% of which were for direct labor. TaskMaster manufactured 25.000 units of product during November using 495.000 pounds of direct materials and 10.250 direct labor hours is the direct labor efficiency variance favorable or unfavorable Multiple Choice una vera
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