Question
Standard Tires labor standard for the production of one bicycle tire is 4.5 hours at $8.50 per hour. During October, the companys employees produced 140,000
Standard Tires labor standard for the production of one bicycle tire is 4.5 hours at $8.50 per hour. During October, the companys employees produced 140,000 tires, using 610,000 hours at a total cost of $5,328,400. How much is Standard Tires labor efficiency variance?
| $143,400 unfavorable | |
| $26,600 favorable | |
| $170,000 favorable | |
| $313,400 favorable |
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Concepts In Federal Taxation
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
19th Edition
9780324379556
