Brighton Manufacturing completes Job #842, which has a standard of 800 labor hours at a standard rate of $24.00 per hour. The job was completed in 880 hours, and the average actual labor rate was $24.50 per hour. What is the labor efficiency (quantity) variance?

Brighton Manufacturing completes Job #842, which has a standard of 800 labor hours at a standard rate of $24.00 per hour. The job was completed in 880 hours, and the average actual labor rate was $24.50 per hour. What is the labor efficiency (quantity) variance?

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 23Q: If a factory operates at 100% of capacity one month, 90% of capacity the next month, and 105% of...

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Don't use ai given answer general accounting question

Brighton Manufacturing completes Job #842, which has a standard
of 800 labor hours at a standard rate of $24.00 per hour. The job
was completed in 880 hours, and the average actual labor rate was
$24.50 per hour. What is the labor efficiency (quantity) variance?

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