Question
San Marcos Lamp Inc. has direct labor cost standard of $14 per direct labor hour and an efficiency standard of 4 hours per lamp. The
San Marcos Lamp Inc. has direct labor cost standard of $14 per direct labor hour and an efficiency standard of 4 hours per lamp. The actual results for the period when 30 lamps were built were 130 direct labor hours at an actual cost of $1,560.
What is the direct labor total variance?
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
