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    yazeedbakri's Avatar
    yazeedbakri Posts: 6, Reputation: 1
    New Member
     
    #1

    Aug 13, 2010, 04:36 PM
    The following labor standards have been provided by the Rand Company: Standard ho
    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's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    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-l...board-b-u.html
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
    Senior Member
     
    #3

    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

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