Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Moms Apple Pie Company uses a standard cost system. The standard direct labor time for each pie is 10 minutes. During the most recent month,

Moms Apple Pie Company uses a standard cost system. The standard direct labor time for each pie is 10 minutes. During the most recent month, the company produced and sold 6,000 pies. The standard direct labor rate is $23.00 per hour; the actual labor rate per hour for the month was $23.70. The company used a total of 980 labor hours.

What was the direct labor efficiency variance for the month? Was this variance favorable (F) or unfavorable (U)?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting

Authors: Jawahar Lal, Seema Srivastav

6th Edition

9353168384, 978-9353168384

More Books

Students also viewed these Accounting questions