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View Full Version : The following labor standards have been provided by the Rand Company: Standard ho


yazeedbakri
Aug 13, 2010, 04:36 PM
The following labor standards have been provided by the Rand Company:
Standard hours per unit: 2
Standard cost per hour: $12
During the most recent month Rand produced 2,000 units and used 3,900 labor hours at a cost of
$47,580. What was the labor efficiency variance for the month?
A) $1,200 unfavorable B) $1,220 unfavorable
C) $1,220 unfavorable D) $1,200 favorable

ScottGem
Aug 13, 2010, 05:12 PM
Please review the guidelines on asking for help with homework that can be found here:



https://www.askmehelpdesk.com/arts-literature/announcement-u-b-read-first-expectations-homework-help-board-b-u.html

rehmanvohra
Aug 16, 2010, 04:37 AM
As a guidance, please use the following step:

(Standard Hours allowed - Actual Hours worked) x Standard Rate per hour.

Of the answer is positive, it is favorable, else unfavorable