Question
San Antonio Chair Inc. has direct labor cost standard of $14 per direct labor hour and an efficiency standard of 4 hours per chair. The
San Antonio Chair Inc. has direct labor cost standard of $14 per direct labor hour and an efficiency standard of 4 hours per chair. The actual results for the period when 30 chairs were built were 130 direct labor hours at an actual cost of $1,560.
What is the direct labor efficiency variance?
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
