Question
The following labor standards have been established for a particular product: Standard labor hours per unit of output. 8.0 hours Standard labor rate. $13.10 per
The following labor standards have been established for a particular product:
Standard labor hours per unit of output. 8.0 hours
Standard labor rate. $13.10 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked.. 4,000 hours
Actual total labor cost $53,000
Actual output. 400 units
What is the labor efficiency variance for the month?
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R. Cornwall, David O. Vang, Jean M. Hartman
4th Edition
0765646854, 978-0765646859
