Question: Beyonc is looking at a monthly performance report for her lemonade stand for last month. She has been provided with the following standard cost per
Beyonc is looking at a monthly performance report for her lemonade stand for last month. She has been provided with the following standard cost per batch of lemonade:
| Cost | Standard Quantity (Input per Batch) | Standard Price |
| Direct Materials | 0.8 pounds | $5.00 per pound |
| Direct Labor | 1.2 hours | $15.00 per hour |
Standard Costs are based on machine hours. Last month, Beyonc's lemonade stand produced 150 batches of lemonade and incurred the following costs:
a. Purchased 100 pounds of materials at a cost of $3.13 per pound.
b. Used 96 pounds of materials in production. (Finished goods and work in process inventories can be ignored).
c. Worked 159 direct labor-hours at a cost of $16.12 per hour.
What is Beyonc's labor efficiency variance for last month?
Enter your answer as a positive number (note Favorable or Unfavorable for the next question).
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