The following labor standards have been established
by | Mar 18, 2020 | Uncategorized
| The following labor standards have been established for a particular product: |
| Standard labor-hours per unit of output |
9.8 |
hours |
| Standard labor rate |
$13.60 |
per hour |
| The following data pertain to operations concerning the product for the last month: |
| Actual hours worked |
7,600 |
hours |
| Actual total labor cost |
$100,320 |
|
| Actual output |
950 |
units |
|
What is the labor efficiency variance for the month?
|
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