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Find the number of labor hours allowed for the actual units

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Franco's footwear makes a single shoe design and uses standard costing. Some data concerning this product for the month of June follow:

Labor price variance$7,000F

Labor efficiency variance$12,000F

Variable overhead efficiency variance$4,000F

Number of units produced10,000

Standard labor rate per direct labor hour$12

Standard variable overhead rate per direct labor hour$4

Actual labor hours used14,000

Actual variable overhead costs$58,290

Question 1: The number of labor hours allowed for the actual units produced is:

Option 1: 15,000

Option 2: 5,000

Option 3: 2,290

Option 4: 13,000

Reference no: EM132601780

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