Question
Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs.
Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period.
| Direct labor standard (4 hrs. @ $12/hr.) | $ | 48 | per unit |
| Actual hours worked | 12,250 | ||
| Actual rate per hour | $ | 12.50 | |
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$7,000 unfavorable.
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$6,125 favorable.
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$21,000 favorable.
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$7,000 favorable.
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$6,125 unfavorable.
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Financial Accounting And Reporting For Non Accounting Students How To Interpret Financial Statements And Appraise Company Performance
Authors: Stephen Frost
1st Edition
1398614084, 978-1398614086
