re https//newconnect.mheducation.com/flow/connect.html Chapters 10-13 6 Saved Th

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re https//newconnect.mheducation.com/flow/connect.html Chapters 10-13 6 Saved The following labor standards have been established for a particular product Standard labor-hours per unit of output Standard labor rate 9.6 hours $13.40 per hour The following data pertain to operations concerning the product for the last month: 3104 Actual hours worked Actual total labor cost Actual output 7,480 hours $96,280 950 units What is the labor efficiency variance for the month? Multiple Choice $23.048 F Prey 13of 6 Next >

Explanation / Answer

Actual output 950 units Standard labour hrs per unit 9.6 hours standard labour hrs 9120 hours Standard labour price per hr $13.40 Actual hours 7400 hours Actual total labour cost $96,200 Actual labour rate per hour $13.00 Labour efficiency variance Actual Flexible Standard Rate $13.00 $13.40 $13.40 Qty(hrs)     7,400 7400 9120 Total $96,200 $99,160 $122,208 $23,048 F Efficiency variance

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