Question
Lucky Company's direct labor information for the month of February is as follows: Actual direct labor hours worked (AQ) 70,000 Standard direct labor hours allowed
Lucky Company's direct labor information for the month of February is as follows:
| Actual direct labor hours worked (AQ) | 70,000 | |||
| Standard direct labor hours allowed (SQ) | 75,000 | |||
| Total payroll for direct labor | $ | 1,050,000 | ||
| Direct labor efficiency variance | $ | 69,000 | ||
The direct labor flexible-budget variance for February (rounded to the nearest dollar) was:
Multiple Choice
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$51,449 unfavorable.
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$45,000 unfavorable.
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$15,000 unfavorable.
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$153,000 unfavorable.
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$59,000 unfavorable.
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Principles Of Islamic Accounting
Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim
1st Edition
1119023297, 9781119023296
