FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Lucky Company's direct labor information for the month of February is as follows:
Actual direct labor hours worked (AQ)
Standard direct labor hours allowed (SQ)
Total payroll for direct labor
Direct labor efficiency variance
The direct labor flexible-budget variance for February (rounded to the nearest dollar) was:
O $42,300 unfavorable.
$44,500 unfavorable.
$46,350 unfavorable.
$54,900 unfavorable.
$18,900 unfavorable.
61,500
63,000
$ 774,900
$
18,000
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Transcribed Image Text:Lucky Company's direct labor information for the month of February is as follows: Actual direct labor hours worked (AQ) Standard direct labor hours allowed (SQ) Total payroll for direct labor Direct labor efficiency variance The direct labor flexible-budget variance for February (rounded to the nearest dollar) was: O $42,300 unfavorable. $44,500 unfavorable. $46,350 unfavorable. $54,900 unfavorable. $18,900 unfavorable. 61,500 63,000 $ 774,900 $ 18,000
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