What was the direct labor flexible-budget

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Question: Sheldon Company manufactures only one product and uses a standard cost system. During the past month, manufacturing operations for the company had the following variances: direct labor rate variance = $42,000 favorable; direct labor efficiency variance = $70,000 unfavorable. Sheldon allows 4 standard direct labor hours per unit produced, and its standard direct labor hourly pay rate is $50. During the month, the company used 20% more direct labor hours than the standard allowed for the output achieved.

What was the direct labor flexible-budget (FB) variance for the month (rounded to the nearest dollar)?

Reference no: EM132964807

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