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Mochel Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standard for
Mochel Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standard for the direct labor costs of one unit of product: The total factory wages for June were $800,000, 90 percent of which were for direct labor. The company manufactured 25,000 units of product during June using 32,000 direct labor hours. (Note that this is the same data that was provided for the previous question.) The direct labor efficiency variance for June is: $11,000 favorable. $11,000 unfavorable. $11,250 favorable. $11,250 unfavorable
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