Question
Question 6: Annapolis Company completes job #601 which has a standard of 530 labor hours at a standard rate of $18.50 per hour.The job was
Question 6:
Annapolis Company completes job #601 which has a standard of 530 labor hours at a standard rate of $18.50 per hour.The job was completed in 630 hours and the average actual labor rate was $19.30 per hour.What is the labor efficiency (quantity) variance?A negative number indicates an favorable variance and a positive number indicates an unfavorable variance.
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
5th Canadian Edition
1119403995, 9781119403999
