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Zenith Appliances produces premium kitchen appliances. In a recent period, the company recorded the following data regarding its direct labor usage: • • • • Actual direct labor hours used: 50,000 hours Actual rate per hour: $22.00 Standard rate per hour: $20.00 Standard hours for units produced: 48,000 hours What is the direct labor efficiency variance for Zenith Appliances?

Zenith Appliances produces premium kitchen appliances. In a recent period, the company recorded the following data regarding its direct labor usage: • • • • Actual direct labor hours used: 50,000 hours Actual rate per hour: $22.00 Standard rate per hour: $20.00 Standard hours for units produced: 48,000 hours What is the direct labor efficiency variance for Zenith Appliances?

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 10EA: ThingOne Company has the following information available for the past year. They use machine hours...
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Zenith Appliances produces premium kitchen appliances. In a recent period, the company recorded the following data regarding its direct labor usage: • • • • Actual direct labor hours used: 50,000 hours Actual rate per hour: $22.00 Standard rate per hour: $20.00 Standard hours for units produced: 48,000 hours What is the direct labor efficiency variance for Zenith Appliances?
Transcribed Image Text:Zenith Appliances produces premium kitchen appliances. In a recent period, the company recorded the following data regarding its direct labor usage: • • • • Actual direct labor hours used: 50,000 hours Actual rate per hour: $22.00 Standard rate per hour: $20.00 Standard hours for units produced: 48,000 hours What is the direct labor efficiency variance for Zenith Appliances?
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