Alexis Company recently completed 12,300 units of its single product, consuming 25,000 labor hours that...
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Accounting
Alexis Company recently completed 12,300 units of its single product, consuming 25,000 labor hours that cost the firm $420,000. According to manufacturing specifications, each unit should have required 2 hours of labor time at $17.20 per hour.
On the basis of this information, determine Alexis's labor rate variance and labor efficiency variance.
Rate
Efficiency
A.
$ 9,840 F
$ 6,720 F
B.
$ 9,840 F
$ 6,720 U
C.
$ 10,000 F
$ 6,880 F
D.
$ 10,000 F
$ 6,880 U
E.
$ 10,000 U
$ 6,880 U
On the basis of this information, determine Alexis's total labor variance.
$16,560F
$3,120U
$3,120F
$16,880U
$16,880F
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