Toby Company has budgeted three hours of direct labor per recliner at a standard cost of $30 per hour. During January, 650 actual hours were worked, completing 200 recliners. All were sold and Toby Company's actually labor was $31 per hour. What is Toby Company's direct labor efficiency variance for January?
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Home » Business » Toby Company has budgeted three hours of direct labor per recliner at a standard cost of $30 per hour. During January, 650 actual hours were worked, completing 200 recliners. All were sold and Toby Company's actually labor was $31 per hour.