Standard labor-hours per unit of output 9.3 hours Standard labor rate $ 13.10 per hour The...
| Standard labor-hours per unit of output | 9.3 | hours | |
| Standard labor rate | $ | 13.10 | per hour |
The following data pertain to operations concerning the product for the last month:
| Actual hours worked | 7,100 | hours | |
| Actual total labor cost | $ | 90,170 | |
| Actual output | 1,000 | units | |
What is the labor efficiency variance for the month?
Homework Answers
Labor efficiency variance
= (SH - AH) * SR
= (1000*9.3 - 7100) * 13.10
= (9300 - 7100) * 13.10
= 28,820 Favourable
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Standard labor-hours per unit of output
9.3
hours
Standard labor rate
$
13.10
per hour
The...
The following labor standards have been established for a particular product Standard labor-hours per unit of output St...
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Question 5 The following labor standards have been established for a particular product: Standard labor-hours per...
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