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TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Task Master has established the following standards for
TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Task Master has established the following standards for the prime costs of one unit of product. Standard Cost Standard Quantity 36 pounds 0.60 hour Standard Price $ 3.20 per pound $15.50 per hour $115.20 Direct Materials Direct Labor 9.30 $124.50 During November, Task Master purchased 83,000 pounds of direct materials at a total cost of $332,000. The total factory wages for November were $84,000, 90% of which were for direct labor. Task Master manufactured 33,000 units of product during November using 1,183,000 pounds of direct materials and 20,050 direct labor hours. Is the direct labor efficiency variance favorable or unfavorable? Multiple Choice Unfavorable 0 Favorable Favorable
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