2) Cola Co. manufactures a product with a standard direct labor cost of two hours at...
2) Cola Co. manufactures a product with a standard direct labor cost of two hours at $24.00 per hour. During July, 2,000 units were produced using 4,200 hours at $24.40 per hour. The labor efficiency variance was?
A. $4,880 Favorable
B. $4,800 Unfavorable
C. $4,800 Favorable
Thanks! :-)
Homework Answers
Labor efficiency variance = (SH-AH) * SR
= (2000*2 - 4200)*24
= 200*24
= 4800 UNFAVORABLE
Option B :)
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