Diana Weaves produces custom table runners. It takes 1.5 hours of direct labor to produce a single runner. Diana's standard labor cost is $15 per hour. During September, Diana produced 8,000 units and used 12,400 hours of direct labor at a total cost of $187,320. What is Diana's labor efficiency variance for September? Help

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 8EB: Case made 24,500 units during June, using 32,000 direct labor hours. They expected to use 31,450...
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Diana Weaves produces custom table runners. It takes 1.5 hours of direct labor to produce a single runner. Diana's standard labor cost is $15 per hour. During September, Diana produced 8,000 units and used 12,400 hours of direct labor at a total cost of $187,320. What is Diana's labor efficiency variance for September? Help

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