Question 21 (of 30) > previous question value 3.33 points The journal entry belo

Question

Question 21 (of 30) > previous question value 3.33 points The journal entry below Work in Process Labor efficiency variance 25,000 1,200 Labor rate variance Accrued Wages Payable 2,000 24.200 indicates that 0 the total labor variance was $800, unfavorable O employees received an unexpected rate increase during the period. O more labor time was required to complete the output of the period than was allowed at standard O Work in Process valued at $25,000 was completed and tronsferred to Finished Goods

Explanation / Answer

in this question total labour variance is favourable and employee did not received an unexpected rate increase during thhe period and this $25000 (work in process) is not valuation of completed and transferred to finished gods

so answer is c) More labour time was required to complete the output of the period than was alloweed at standard..

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