Pendennis plc had the following budget and actual figures for Product ZN6 during April:BudgetActualOutputSales revenueRaw materialsLabourFixed overheadsProfit2,200 unitsA. £2,500 favourableB. £2,500 adverseC. £3,000 favourableD. £3,000 adverse£176,000(77,000) 22,000 metres(66,000) 11,000 hours(24,200)8,8002,500 units£205,000(98,800) 28,000 metres(65,000) 13,000 hours(21,400)19,800What is the direct labour efficiency variance for Product ZN6 for the month of April?

Labor efficiency variance: Labor efficiency Variance is the difference between the actual labor…

Pendennis plc had the following budget and actual figures for Product ZN6 during April: Budget Actual Output Sales revenue Raw materials Labour Fixed overheads Profit OA. £2,500 favourable B. £2,500 adverse C. £3,000 favourable 2,200 units OD. £3,000 adverse £ 176,000 (77,000) 22,000 metres (66,000) 11,000 hours (24,200) 8,800 2,500 units What is the direct labour efficiency variance for Product ZN6 for the month of April? £ 205,000 (98,800) 28,000 metres (65,000) 13,000 hours (21,400) 19,800

Pendennis plc had the following budget and actual figures for Product ZN6 during April: Budget Actual Output Sales revenue Raw materials Labour Fixed overheads Profit OA. £2,500 favourable B. £2,500 adverse C. £3,000 favourable 2,200 units OD. £3,000 adverse £ 176,000 (77,000) 22,000 metres (66,000) 11,000 hours (24,200) 8,800 2,500 units What is the direct labour efficiency variance for Product ZN6 for the month of April? £ 205,000 (98,800) 28,000 metres (65,000) 13,000 hours (21,400) 19,800

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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