Answered

Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Ramona Company has the following labor-related data. Standard labor hours for output: 15,000 hours Standard labor rate: $10 per hour Actual labor rate: $8 per hour Actual labor hours: 17,500 hours Given this information, the labor EFFICIENCY variance is

Sagot :

ajeigbeibraheem

Answer:

$25,000 Unfavourable

Explanation:

The labor Efficiency variance = ( Actual labor Hrs × Standard rate) - ( Standard labor Hr × Standard rate)

= ( 17500 × 10) (15000 × 10)

= 175000 - 150000

= $25,000 Unfavourable

Provided that the standard cost of actual labor hour is greater than the standard labor cost. Then, the variable is unfavorable.

We appreciate your time. Please come back anytime for the latest information and answers to your questions. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.