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TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at...

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Accounting

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TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product Direct Materials Direct, Labor Standard Quantity 3 pounds 0.20 hour Standard Price 51.80 per pound $8.40 per hour Standard Cost $14.40 1.68 $16.08 During November, Task Master purchased 200,000 pounds of direct materials at a total cost of $100,000. The total factory wages for November were $44,000, 90% of which were for direct labor. Task Master manufactured 23,000 units of product during November using 182.000 pounds of direct materials and 5,000 direct labor hours What is the direct labor efficiency variance for November? Multiple Choice $2208 What is the direct labor efficiency variance for November? Muluple choice $2.208 $4,320 $3,360 $2.282

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