Question: Accurate Tax Returns budgets two direct labor hours for every tax return that it prepares, at a standard cost of $ 3 2 an hour.

Accurate Tax Returns budgets two direct labor hours for every tax return that it prepares, at a standard cost of $32 an hour. During the most recent year, 530 returns were completed with the labor cost totaling $42,000. The actual labor cost was $42 per hour during that period. The actual number of labor hours was 1,000. What is the direct labor cost variance?
A. $5,300F
B. $25,040F
C. $5,300U
D. $10,000U
Accurate Tax Returns budgets two direct labor hours for every tax

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