Question
Northern Illinois Company has a standard wage rate of $9.50 per hour. It has determined that the standard time to assemble one versascope is 2.75
Northern Illinois Company has a standard wage rate of $9.50 per hour. It has determined that the standard time to assemble one versascope is 2.75 hours. During August, Northern Illinois employees assembled 600 versascopes. They were paid $15,974 for 1,630 hours of work. What is Northern Illinois labor efficiency variance?
| A | $489.00 favorable | |
| B | $299.00 favorable | |
| C | $271.00 favorable | |
| D | $190.00 favorable |
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The Process Auditing Techniques Guide
Authors: J. P. Russell
1st Edition
0873895959, 978-0873895958
