Ask Question
BusinessBusiness
4 May, 07:46

The following information relates to the direct labor at Padmaja Manufacturing, Inc. for March: Actual Standard Labor cost per hour $18.00 $17.50 Labor hours per unit produced 1.5 1.4 During March, Padmaja produced 2,100 units. What is Padmaja's labor efficiency variance for March? $1,575 Favorable $2,625 Unfavorable Correct! $3,675 Unfavorable $3,780 Unfavorable None of the above

+3
Answers (1)
  1. 4 May, 09:09
    0
    The correct answer is C.

    Explanation:

    Giving the following information:

    Actual:

    Cost per hour=18

    Labor hours per unit = 1.5

    Standard:

    Labor cost per hour = $17.50

    Labor hours per unit = 1.4

    During March, Padmaja produced 2,100 units.

    To calculate the labor efficiency variance we need to use the following formula:

    Direct labor efficiency variance = (Standard Quantity - Actual Quantity) * standard rate

    Direct labor efficiency variance = (2,100*1.4hours - 2,100*1.5 hours) * 17.50

    Direct labor efficiency variance = $3,675 unfavorable
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The following information relates to the direct labor at Padmaja Manufacturing, Inc. for March: Actual Standard Labor cost per hour $18.00 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The income statement for the Sage Hill Inc. for the month ended July 31 shows Service Revenue $17,470, Salaries and Wages Expense $8,870, Maintenance and Repairs Expense $3,370, and Income Tax Expense $1,470.
Answers (1)
What is the best thing to do to keep myself occupied?
Answers (2)
The price elasticity of demand if the price of a pint falls from $8 to $6 is
Answers (1)
What makes up the organization's mission, policies, procedures, and also forms a hierarchy that dictates the purpose of the organization?
Answers (1)
When you use the direct organizational plan for a routine message, you present the details before the primary idea?
Answers (1)
New Questions in Business
You plan to borrow $ 2 comma 000 from a bank. In exchange for $ 2 comma 000 today, you promise to pay $ 2 comma 100 in one year. What does the cash flow timeline look like from your perspective? What does it look like from the bank's perspective?
Answers (1)
Which of the following is indicative of a short-term restrictive financial policy? a) purchasing inventory only as needed b) granting credit to more customers c) increased investment in marketable securities d) maintaining a large accounts
Answers (2)
You are employed as an administrative staff member of a community healthcare office that just opened last month. you and your manager are working hard to advertise and expand the customer base.
Answers (1)
The following costs result from the production and sale of 4,450 drum sets manufactured by Tight Drums Company for the year ended December 31, 2019. The drum sets sell for $295 each. The company has a 30% income tax rate.
Answers (1)
The person who receives financial protection from a life insurance plan is called a what?
Answers (1)
Home » Business » The following information relates to the direct labor at Padmaja Manufacturing, Inc. for March: Actual Standard Labor cost per hour $18.00 $17.50 Labor hours per unit produced 1.5 1.4 During March, Padmaja produced 2,100 units.
Sign Up Forgot Password?