Question: TaskMaster Enterprises employs a standard cost system in which deect materials invertory is camed at standard cost. TaskMaster has established the following standards for
TaskMaster Enterprises employs a standard cost system in which deect materials invertory is camed at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product Direct Materials Direct Labor Mtandard Quantity pounds 0.25 hour Standard Price Standard Cost $1.00 per pound $8.00 per hour $14.40 2.00 $16.40 During November TaskMaster purchased 160.000 pounds of direct matenals at a total cost of $304,000. The total factory wages for November were $42.000, 90% of which were for direct labor Task Master manufactured 19,000 units of product during November using M2.500 pounds of direct materials and 5.000 drect labor hours What is the direct labor efficiency variance for November Mule Choice $2,090 $1000 $1,900 $2.000
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