Retriever company completed 2,250 units of its single product, consuming 4,650 labor hours that cost...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Retriever company completed 2,250 units of its single product, consuming 4,650 labor hours that cost the firm $79,050. According to manufacturing specifications, each unit should have required 2 hours of labor time at $18 per hour.
The company's labor efficiency variance is :
A. $4,650 F
B. $2,700 F
C. $4,650 U
D. $2,700 U
E. None of these
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!
