Question
The standard cost card of a particular product specifies that it requires 4.4 direct labor-hours at $11.60 per direct labor-hour. During March, 2,600 units of
The standard cost card of a particular product specifies that it requires 4.4 direct labor-hours at $11.60 per direct labor-hour. During March, 2,600 units of the product were produced and direct labor wages of $125,125 were incurred. A total of 14,300 direct labor-hours were worked. The direct labor variances for the month were:
| Labor Rate Variance | Labor Efficiency Variance | |
| A) | $7,579 F | $30,700 U |
| B) | $7,579 F | $33,176 U |
| C) | $40,755 F | $30,700 U |
| D) | $40,755 F | $33,176 U |
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Accounting And Auditing A Review Of Practices And Empirical Research Accounting Disclosure Auditing Performance Governance And Gender Diversity
Authors: Tariq H. Ismail
1st Edition
1636486517, 978-1636486512
