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with all of the same info, the labor efficiency varience for june is also asked for. Tharaldson Corporation makes a product with the following standard
with all of the same info, the labor efficiency varience for june is also asked for.
Tharaldson Corporation makes a product with the following standard costs: 11 85 Direct materials Direct labor Variable overhead Standard Standard Quantity or Standard Price or Cost Per Hours Rate Unit 5.8 ounces $ 3.00 per ounce $17.40 0.5 hours $12.00 per hour $6.00 0.5 hours $ 5.00 per hour $ 2.50 The company reported the following results concerning this product in June. Originally budgeted output Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost 3,800 units 3,400 units 22,000 ounces 22,900 ounces 520 hours $ 42,500 $ 13,800 $ 3,900 The company applies variable overhead on the basis of direct labor hours. The direct materials purchases variance is computed when the materials are purchased The labor efficiency variance for June is: The labor efficiency variance for June is: Multiple Choice $16,560 F $14,160 U O $16.560 U $14,160 F The labor efficiency variance for June is: Multiple Choice $16,560 F $14,160 U $16,560 U $14,160 F Step by Step Solution
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