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standard labor hours per unit 4.5 hours standard labor rate $17 per hour actual hours worked 2,000 hours actual labor $38,000 actual output 500 units
standard labor hours per unit | 4.5 hours |
standard labor rate | $17 per hour |
actual hours worked | 2,000 hours |
actual labor | $38,000 |
actual output | 500 units |
What is the labor efficiency variance?
$4,250 favorable | ||
$1,500 unfavorable | ||
$4,250 unfavorable | ||
$1,500 favorable
Which is correct? |
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