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What is northern illinois labor efficiency variance

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Reference no: EM132528705

Question 1: Northern Illinois Company has a standard wage rate of $9.50 per hour. It has determined that the standard time to assemble one versascope is 2.75 hours. During August, Northern Illinois employees assembled 600 versascopes. They were paid $15,974 for 1,630 hours of work. What is Northern Illinois' labor efficiency variance?

Option A $489.00 favorable

Option B $299.00 favorable

Option C $271.00 favorable

Option D 190,000 favorable

Reference no: EM132528705

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