The following labor standards have been established for a, Ask an Expert

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The following labor standards have been established for a particular product:

Standard labor hours per unit of output 8.3 hours

Standard labor rate $12.10 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked 6,100 hours

Actual total labor cost $71,370

Actual output 900 units

What is the labor efficiency variance for the month?

a. $19,017 F

b. $19,017 U

c. $16,029 F

d. $16,577 F

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9403852

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