Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Mandy Company has the following information from last month: Standard direct labor hours allowed for units produced (SQ) 3,700 Actual direct labor hours worked (AQ)
Mandy Company has the following information from last month:
| Standard direct labor hours allowed for units produced (SQ) | 3,700 | |||
| Actual direct labor hours worked (AQ) | 3,600 | |||
| Direct labor efficiency variance, favorable (F) | $ | 5,000 | ||
| Total payroll | $ | 198,000 | ||
What was Mandy's direct labor flexible-budget variance for the month, rounded to the nearest dollar?
Multiple Choice
$18,000 unfavorable.
$36,500 favorable.
$13,000 unfavorable.
$31,500 favorable.
$68,500 favorable.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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