At the end of this period, Conch Plebian, Inc. debited $5,100,000 to WIP to record...
50.1K
Verified Solution
Link Copied!
Question
Accounting
At the end of this period, Conch Plebian, Inc. debited $5,100,000 to WIP to record direct labor cost during the period. The firm also debited Direct Labor Price Variance for $12,500. The firm's actual direct labor hours are 250,000 and the actual price is $20.80 per direct labor hour.
What is Conch Plebian Inc.'s direct labor quantity variance?
Group of answer choices
$100,000 unfavorable
Cannot be determined from this information.
$87,500 unfavorable
$87,500 favorable
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
