Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.7 hours Standard labor rate $13.50 per hour
The following labor standards have been established for a particular product: |
Standard labor-hours per unit of output | 9.7 | hours |
Standard labor rate | $13.50 | per hour |
The following data pertain to operations concerning the product for the last month: |
Actual hours worked | 7,500 | hours |
Actual total labor cost | $98,250 | |
Actual output | 900 | units |
What is the labor efficiency variance for the month? |
$16,113 F
$16,605 F
$19,605 U
$19,605 F
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started