D Question 14 Use the following data to find the direct labor efficiency variance. Direct labor standard (4.0 hrs.@ $7/hr.) Actual hours worked per unit Actual units produced Actual rate per hour O $3,413 unfavorable O $15,600 unfavorable O $15,600 favorable O $13,650 favorable O $3,412 favorable Question 15 $28per finished unit 3.5 hrs 3,900 units $7.25

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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D
Question 14
Use the following data to find the direct labor efficiency variance.
Direct labor standard (4.0 hrs.@ $7/hr.)
Actual hours worked per unit
Actual units produced
Actual rate per hour
O $3,413 unfavorable
O $15,600 unfavorable
O $15,600 favorable
O $13,650 favorable
O $3,412 favorable
Question 15
$28per finished
unit
3.5 hrs
3,900 units
$7.25
A unit of a business that not only incurs costs but also generates revenues is called
F6
F7
Transcribed Image Text:D Question 14 Use the following data to find the direct labor efficiency variance. Direct labor standard (4.0 hrs.@ $7/hr.) Actual hours worked per unit Actual units produced Actual rate per hour O $3,413 unfavorable O $15,600 unfavorable O $15,600 favorable O $13,650 favorable O $3,412 favorable Question 15 $28per finished unit 3.5 hrs 3,900 units $7.25 A unit of a business that not only incurs costs but also generates revenues is called F6 F7
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