A product's standard cost card specifies that a unit of the product requires 4 direct labor-hours. During

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A product's standard cost card specifies that a unit of the product requires 4 direct labor-hours. During September, 3,350 units were made, which was 150 units less than budgeted. The total budgeted direct labor cost for September was $117,600. The direct labor cost incurred during September was $111,850 and 13,450 direct labor-hours were worked.

The labor efficiency variance for the month was:

		$415.80 F
		$415.80 U
		$420.00 F
		$420.00 U

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Apr 20, 2023 03:46 AM

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A product's standard cost card specifies that a unit of the product requires 4 direct labor-hours. During

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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