Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance. Direct labor standard (2 hours @ $12.90/hour) Actual direct labor hours Actual finished units produced Actual cost of direct labor Multiple Choice $53,400 unfavorable. $19,350 favorable. $72,750 unfavorable. $72,750 favorable. $53,400 favorable. $ 25.80 per finished unit 89,000 hours 43,750 units $ 1,201,500

Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance. Direct labor standard (2 hours @ $12.90/hour) Actual direct labor hours Actual finished units produced Actual cost of direct labor Multiple Choice $53,400 unfavorable. $19,350 favorable. $72,750 unfavorable. $72,750 favorable. $53,400 favorable. $ 25.80 per finished unit 89,000 hours 43,750 units $ 1,201,500

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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