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The following labor standards have been established for a particular product: Standard hours per unit of product Standard rate per hour 3 $20 During the
The following labor standards have been established for a particular product:
Standard hours per unit of product | Standard rate per hour |
3 | $20 |
During the period the company produced 900 units, working 3,000 hours for a total cost of $62,500. The companys labor efficiency variance for the month is closest to:
a. | $6,000 U | |
b. | $2,500 F | |
c. | $2,500 U | |
d. | $6,000 F |
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