FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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$4,850 favorable.
$11,000 favorable.
$6,150 favorable.
$4,850 unfavorable.
$11,000 unfavorable.
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Transcribed Image Text:Multiple Choice $4,850 favorable. $11,000 favorable. $6,150 favorable. $4,850 unfavorable. $11,000 unfavorable.
Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance.
Direct labor standard (2.50 hrs. @ $19.40/hr.)
2$
48.50 per finished unit
Actual direct labor hours
88,000 hrs.
Actual finished units produced
35,100 units
Actual cost of direct labor
$1,713,350
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Transcribed Image Text:Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (2.50 hrs. @ $19.40/hr.) 2$ 48.50 per finished unit Actual direct labor hours 88,000 hrs. Actual finished units produced 35,100 units Actual cost of direct labor $1,713,350
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