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Question 15 (2 points) Genie Inc. makes table lamps, and have developed the following standards: Standards Standard price units of input of each unit of
Question 15 (2 points) Genie Inc. makes table lamps, and have developed the following standards: Standards Standard price units of input of each unit of for each lamp input produced Direct 20 kgs $2 per kg materials Direct labour 6 hours $8 per hour During May, budgeted production was 100 lamps. 110 lamps were completed. Direct materials purchased and used were 2,100 kgs at an actual price of $4,620. Direct labour cost for the month was $5,310, for 590 hours of labour. The direct labour efficiency variance for May is: $630 U $560 F $560 U $630 F
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