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Determine the direct-labor efficiency variance

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Reference no: EM133065247

Question - Cost standards for one unit of product no. C77:

Direct material

3 pounds at $2.60 per pound

$7.80

Direct labor

6 hours at $7.60 per hour

45.60

Actual results:

 

 

Units produced

6,500 units

 

Direct material purchased

26,100 pounds at $2.80

$73,080

Direct material used

19,200 pounds at $2.80

53,760

Direct labor

40,200 hours at $7.40

297,480

Use the information to compute the following variances. Determine the direct-labor efficiency variance?

a. $8,002 F

b. $8,002 U

c. $9,120 F

d. $9,120 U

e. None are correct

Reference no: EM133065247

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