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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? |
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
