Question
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9 hours Standard labor rate $ 12.80 per
The following labor standards have been established for a particular product:
| Standard labor-hours per unit of output | 9 | hours | |
| Standard labor rate | $ | 12.80 | per hour |
The following data pertain to operations concerning the product for the last month:
| Actual hours worked | 6,800 | hours | |
| Actual total labor cost | $ | 84,320 | |
| Actual output | 800 | units | |
What is the labor efficiency variance for the month?
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Sound Investing, Chapter 24 - The Auditors??? Opinion
Authors: Kate Mooney
2nd Edition
0071719466, 9780071719469
