Question: Refer to the data in PE 19-9. Compute the labor efficiency variance. Data from PE 19-9 Number of nightstands produced . . . . .
Refer to the data in PE 19-9. Compute the labor efficiency variance.
Data from PE 19-9
Number of nightstands produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200
Actual hours used to produce nightstands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 970
Actual labor rate per hour . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15.75
Standard labor rate per hour . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15.50
Standard labor hours per nightstand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
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