Wolery Inc. has provided the following data concerning one of the products in its standard cost system. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct labor 0.20 hours $21.70 per hour The company has reported the following actual results for the product for April: Actual output 8,800 units Actual direct labor-hours 1,610 hours Actual direct labor rate $ 23.30 per hour The labor efficiency variance for the month is closest to:
+5
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Wolery Inc. has provided the following data concerning one of the products in its standard cost system. Inputs Standard Quantity or Hours ...” 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.
Home » Business » Wolery Inc. has provided the following data concerning one of the products in its standard cost system. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct labor 0.20 hours $21.