Question
In a recent period 12,250 units were made and there was a favorable labor efficiency variance of $22,500. If 41,000 labor-hours were worked and the
In a recent period 12,250 units were made and there was a favorable labor efficiency variance of
$22,500. If 41,000 labor-hours were worked and the standard wage rate was $12 per labor-hour, the standard hours allowed per unit of output was closest to:
| a. | 3.19 |
| b. | 3.35 |
| c. | 3.50 |
| d. | 6.00
****Please explain and show steps on how to compute for SH. Not sure how SH = 42875? |
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Investments Analysis And Management
Authors: Charles P. Jones, Gerald R. Jensen
14th Edition
1119578078, 978-1119578079
