Bodacious Corporation Produced 100 Units of Product AA What Is the Labor Efficiency Variance for Bodacious Corporation?
A)$480

Bodacious Corporation produced 100 units of Product AA. The total standard and actual costs for materials and direct labor for the 100 units of Product AA are as follows: $\begin{array} { l l l l } \text { Materials: } & & \text { Standard } & \text { Actual } \\ \text { Standard: } & 200 \text { pounds at } \$ 3.00 \text { per pound } & \$ 600 & \\ \text { Actual: } & 220 \text { pounds at } \$ 2.85 \text { per pound } & & \$ 627 \\\\\text { Direct labor: } & \\ \text { Standard: } & 400 \text { pounds at } \$ 15.00 \text { per pound } & \$ 600 & \\ \text { Actual: } & 368 \text { pounds at } \$ 16.50 \text { per pound } & & \$ 6,027 \end{array}$ What is the labor efficiency variance for Bodacious Corporation?

A) $480 (U)
B) $480 (F)
C) $552 (U)
D) $552 (F)