The following labor standards have been established for a particular product Standard labor-hours per unit of output Standard labor rate 10 hours $13.80 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost Actual output 7,800 hours $104,520 1,050 units What is the labor efficiency variance for the month? Multiple Cholcel $40,380 F s36180 FI Mc. Graw < Prev Type here to search
The following labor standards have been established for a particular product Standard labor-hours per unit of output Standard labor rate 10 hours $13.80 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost Actual output 7,800 hours $104,520 1,050 units What is the labor efficiency variance for the month? Multiple Cholcel $40,380 F s36180 FI Mc. Graw < Prev Type here to search
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The following labor standards have been established for a particular product
Standard labor-hours per unit of output
Standard labor rate
10 hours
$13.80 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked
Actual total labor cost
Actual output
7,800 hours
$104,520
1,050 units
What is the labor efficiency variance for the month?
Multiple Cholcel
$40,380 F
s36180 FI
Mc.
Graw
< Prev
Type here to search
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