Managerial Accounting
Not what you're looking for?
The following labor standards have been established for a particular product:
Standard labor-hours per unit of output 8 hours
Standard labor rate $13.4 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked 4,900 hours
Actual total labor cost $66,150
Actual output 500 units
What is the labor efficiency variance for the month?
$12,060 U
$12,550 U
$12,550 F
$12,150 U
Purchase this Solution
Solution Summary
Solution contains calculation of labor efficiency variance.
Purchase this Solution
Free BrainMass Quizzes
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.