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The following labor standards have been established for a particular product:
|
Standard labor-hours per unit of output | | 9 | hours |
Standard labor rate | $ | 12.80 | per hour |
|
The following data pertain to operations concerning the product for the last month:
|
Actual hours worked | | 6,800 | hours |
Actual total labor cost | $ | 84,320 | |
Actual output | | 800 | units |
|
What is the labor efficiency variance for the month?
Multiple Choice
$7,840 U
$4,960 F
$5,120 F
$7,840 F
Answer & Explanation
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