Question
Total Labor Variance Botella Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.02 hours. During the month of April, 530,000 bottles
Total Labor Variance
Botella Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.02 hours. During the month of April, 530,000 bottles were produced using 14,000 labor hours @ $10.25. The standard wage rate is $8.25 per hour.
Required:
Calculate the total variance for production labor for the month of April. If required, round your answer to the nearest cent.
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Auditing Cases An Interactive Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
3rd Edition
0131494910, 9780131494916
