Question: Doris Company is completing month end performance evaluation using a standard cost system. For October, the company has the following information (round answers to the

Doris Company is completing month end performance evaluation using a standard cost system. For October, the company has the following information (round answers to the nearest dollar).

Standards: -
Material 3.5 pounds per unit @ $4.50 per pound
Labor 5.0 hours per unit @ $12.00 per hour
- -
Actual: -
Units Produced 4,000
Material used 11,750 pounds @ $4.25
20,750 direct labor hours @ $12.50 per hour -

What is the labor efficiency variance?

Group of answer choices

$9,000 U

$19,375 U

$9,375 U

$2,050 F

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!