60.1K
Verified Solution
Link Copied!
The following labor standards have been established for a particular product:
| |
| Standard labor-hours per unit of output | | 8.9 | hours |
| Standard labor rate | $ | 12.70 | per hour |
| |
The following data pertain to operations concerning the product for the last month:
| |
| Actual hours worked | | 6,700 | hours |
| Actual total labor cost | $ | 82,410 | |
| Actual output | | 1,000 | units |
| |
What is the labor efficiency variance for the month?
Multiple Choice
$27,940 F
$30,620 U
$30,620 F
$27,060 F
Answer & Explanation
Solved by verified expert
