Question
The following information is available for Lightning Corporation, which produces fancy-dancy screwdrivers. The following information pertains to labor. ...Actual volume of screwdrivers produced = 105,000
The following information is available for Lightning Corporation, which produces fancy-dancy screwdrivers.
The following information pertains to labor.
...Actual volume of screwdrivers produced = 105,000
...Actual labor time = 9,450 hours
...Actual pay per hour = $17 per hour
...Budgeted volume of screwdrivers produced = 112,000
...Budgeted labor time = 12,320
...Budgeted total spending = $197,120
Question
Use the information above to compute the laborspendingvariance.
Please enter the absolute value of your answer (i.e., do not enter a positive sign or negative sign). Also, round to the nearest dollar.
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