Tetrene Fliers Company produces model airplanes.During the month of November, it produced 2,500 planes.The actual labor hours were 9 hours per plane.Its standard labor hours are 12 hours per plane.The standard labor rate is $8 per hour.At the end of November, Tetrene Fliers found that it had a favorable labor rate variance of $9,000.
What was Tetrene Fliers' total labor variance?
A) $610,000 F
B) $69,000 F
C) $723,500 U
D) $41,500 U

Question

Tetrene Fliers Company produces model airplanes.During the month of November, it produced 2,500 planes.The actual labor hours were 9 hours per plane.Its standard labor hours are 12 hours per plane.The standard labor rate is $8 per hour.At the end of November, Tetrene Fliers found that it had a favorable labor rate variance of $9,000. ​
What was Tetrene Fliers' total labor variance?
A) $610,000 F
B) $69,000 F
C) $723,500 U
D) $41,500 U

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Tetrene Fliers Company Produces Model Airplanes