Question: Sad 7 TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cont Taskastethis established the following standards for
Sad 7 TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cont Taskastethis established the following standards for the prime costs of one unit of product Help Save 8 02:40:29 Direct Materials Direct Labor Standard Quantity 18 pounds 0.50 hour Standard Price $ 2.60 per pound $10.00 per hour Standard Cost $46.80 5.00 $51.80 During November, TaskMaster purchased 157,000 pounds of direct materials at a total cost of $314.000 The total factory wages for November were $57,000, 90% of which were for direct labor. Task Master manufactured 24,000 units of product during November using 437000 pounds or direct materials and 11,750 direct labor hours. Is the direct labor efficiency variance favorable or unfavorable? Multiple Choice Favorable O Unfavorable Nas Prey 7 of 25
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