Victoria Manufacturing produced 5,250 units in October. The following is the company's standards and actuals for the...
Victoria Manufacturing produced 5,250 units in October. The following is the company's standards and actuals for the month.
| Standard: | |
| Material | 2.1 pounds per unit @ $5.75 per pound |
| Labor | 1.8 direct labor hours per unit @ $12.50 per hour |
| Actual: | |
| Material | 12,075pounds purchased and used @ $5.65 per pound |
| Labor | 8,925 direct labor hours at $13 per hour |
Refer to Victoria Manufacturing. What is the labor efficiency
variance?
| a. |
$11,250 F |
|
| b. |
$6,563 F |
|
| c. |
$11,250 U |
|
| d. |
$6,563 U |
Homework Answers
Labor efficiency variance = (Standard hour-actual hour)Standard rate
= (5250*1.8-8925)*12.50
Labor efficiency variance = 6563 F
So answer is b) $6563 F
Add Answer to:
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