Question 8 options: Betty DeRose, Inc. employs a standard costing system and rep

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 Question 8 options: 

 Betty DeRose, Inc. employs a standard costing system and reported the following information for May: 

 •   actual quantity of direct materials used in production during May totaled 80,000 pounds •   actual direct labor hours worked during May totaled 50,000 •   the standard price of direct materials is $12 per pound •   the total direct labor cost for May was $530,000 •   the standard quantity of direct labor per unit was 2.5 hours •   the standard quantity of direct materials per unit was 4 pounds •   the direct material quantity variance for May was $60,000 favorable •   the direct labor rate variance for May was $40,000 unfavorable 

 Calculate the direct labor efficiency variance for May.  

Explanation / Answer

Question 8 options: Betty DeRose, Inc. employs a standard costing system and rep

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