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What is the variable efficiency variance

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Reference no: EM133125680

Question - The following standard data are available for ABC Corp to produce one unit of product X:

Standard Direct materials per unit: 3 yards at 5 per yard

Standard Direct labor cost per unit: 2 hours at 10 per hour

Budgeted Overhead: WEDGE [includes Budgeted 1-.I'rCIIIH of SUE-1100} at normal capacity of 10,000 DL hours.

Actual DL hours is  3,200 DL hrs at actual rate of 12 per hour. The company produced 1,500 units and ending FG is 200 units. Under three-way variance analysis, what is the variable efficiency variance?

Reference no: EM133125680

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