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The Fischer Corporation uses a standard costing system. The following data have been assembled for December: Actual direct labor-hours worked 5,300 hours Standard direct labor
The Fischer Corporation uses a standard costing system. The following data have been assembled for December: |
Actual direct labor-hours worked | 5,300 | hours |
Standard direct labor rate | $8 | per hour |
Labor efficiency variance | $3,200 | unfavorable |
The standard hours allowed for December's production is: |
5,700 hours
5,300 hours
4,500 hours
4,900 hours
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