Question
The following labor standards have been established for a particular product: Standard labor-hours per unit of output9.9hoursStandard labor rate$13.70per hour The following data pertain to
The following labor standards have been established for a particular product:
Standard labor-hours per unit of output9.9hoursStandard labor rate$13.70per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked7,700hoursActual total labor cost$102,410Actual output1,000units
What is the labor efficiency variance for the month?
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
