Wolery Incorporated has provided the following data concerning one of the products in its standard cost system. The company has reported the following actual results for the product for April:
The labor efficiency variance for the month is closest to:
A) $3,255 Favorable
B) $3,255 Unfavorable
C) $3,495 Unfavorable
D) $3,495 Favorable

Question

Wolery Incorporated has provided the following data concerning one of the products in its standard cost system.  The company has reported the following actual results for the product for April:
 The labor efficiency variance for the month is closest to:
A) $3,255 Favorable 
B) $3,255 Unfavorable 
C) $3,495 Unfavorable 
D) $3,495 Favorable

Quizplus · Accepted Answer

The Answer of Wolery Incorporated has provided the following data concerning one of the products in its standard cost system.  The company has reported the following actual results for the product for April:
 The labor efficiency variance for the month is closest to:
A) $3,255 Favorable 
B) $3,255 Unfavorable 
C) $3,495 Unfavorable 
D) $3,495 Favorable

Wolery Incorporated Has Provided the Following Data Concerning One of the Products