Labor Efficiency Variance explained in this solution
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Following labor standards have been established for a product
standard labor hours per unit of output 8 hours
standard labor rate $13.10 per hour
the following data pertain to operations concerning the product for the last month:
actual hours worked 4,000 hours
actual total labor cost $53,000
actual output 400 units
What is the labor efficiency variance for the month?
A 10,600 U
B 11,080 U
C 11080 F
D 10480 U
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This solution is comprised of a detailed explanation to find the labor efficiency variance.
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Following labor standards have been established for a product
standard labor hours per unit of output 8 hours
standard labor rate $13.10 per hour ...
Purchase this Solution
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