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Krizum Industries makes heavy construction equipment. The standard for a particular crane calls for 23 direct labor hours at $17 per direct labor hour. During a recent period 990, cranes were made. The labor rate variance was zero and the labor efficiency variance was $16,320 unfavorable. How many actual direct labor hours were worked? a. 22,630 b. 22,770 c. 23,730 d. 37,980

Krizum Industries makes heavy construction equipment. The standard for a particular crane calls for 23 direct labor hours at $17 per direct labor hour. During a recent period 990, cranes were made. The labor rate variance was zero and the labor efficiency variance was $16,320 unfavorable. How many actual direct labor hours were worked? a. 22,630 b. 22,770 c. 23,730 d. 37,980

FINANCIAL ACCOUNTING
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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Krizum Industries makes heavy construction equipment. The standard for a particular crane calls for 23 direct labor hours at $17 per direct labor hour. During a recent period 990, cranes were made. The labor rate variance was zero and the labor efficiency variance was $16,320 unfavorable. How many actual direct labor hours were worked? a. 22,630 b. 22,770 c. 23,730 d. 37,980
Transcribed Image Text:Krizum Industries makes heavy construction equipment. The standard for a particular crane calls for 23 direct labor hours at $17 per direct labor hour. During a recent period 990, cranes were made. The labor rate variance was zero and the labor efficiency variance was $16,320 unfavorable. How many actual direct labor hours were worked? a. 22,630 b. 22,770 c. 23,730 d. 37,980
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