Question 4 of 7

Question 4 of 7 View Policies Show Attempt History Your Answer Correct An swer Your answer is correct. 10/10 At Tarjee, the standard quantity Of labor is 22 hours per refrigeration unit. The standard wage rate is $34. In July, the company produced 86 refrigeration units and incurred 2,090 labor hours at a cost of $71,060. Calculate the labor rate variance and the labor efficiency variance. Indicate whether the variances are favorable or unfavorable. (Round intermediate calculations to 2 decimal places. 14.37 and fmal answers to O decimal places. e.g. 125. Enter all variances as a positive number.) Labor Rate Variance Labor Effi Ciency Va riance eTextbook and Media Solution Unfavora b Attempts: 1 of 1 used