A company set the total budgeted direct labor cost at P75,000 for the month for producing 5,000 units. The following standard cost, stated in terms of direct labor hours (DLH), was used to develop the budget for direct labor cost: 1.25 DLH x P12.00/DLH = P15.00/unit produced The actual operating results for the month were as follows: Actual units produced 5,200 Actual direct labor hours worked 6,600 Actual direct labor cost P77,220

A company set the total budgeted direct labor cost at P75,000 for the month for producing 5,000 units. The following standard cost, stated in terms of direct labor hours (DLH), was used to develop the budget for direct labor cost: 1.25 DLH x P12.00/DLH = P15.00/unit produced The actual operating results for the month were as follows: Actual units produced 5,200 Actual direct labor hours worked 6,600 Actual direct labor cost P77,220

Name: The direct labor efficiency variance for the month would be:u or f A c
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Description: The direct labor efficiency variance for the month would be:u or f A company set the total budgeted direct labor cost at P75,000 for the month for producing 5,000units. The following standard cost, stated in terms of direct labor hours (DLH), was use

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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