Question
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.8 hours Standard labor rate $ 13.60 per
The following labor standards have been established for a particular product:
| Standard labor-hours per unit of output | 9.8 | hours | |
| Standard labor rate | $ | 13.60 | per hour |
The following data pertain to operations concerning the product for the last month:
| Actual hours worked | 7,600 | hours | |
| Actual total labor cost | $ | 100,320 | |
| Actual output | 950 | units | |
What is the labor efficiency variance for the month?
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Study Guide/Workbook To Accompany Intro To Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
5th Edition
0077243641, 978-0077243647
