Saxena Corporation makes a product that has the following direct labor standards: The company budgeted for production of 2,900 units in July, but actual production was 2,800 units. The company used 250 direct labor-hours to produce this output. The actual direct labor rate was $14.10 per hour.The labor efficiency variance for July is:
A) $450 Unfavorable
B) $423 Favorable
C) $423 Unfavorable
D) $450 Favorable

Question

Saxena Corporation makes a product that has the following direct labor standards:  The company budgeted for production of 2,900 units in July, but actual production was 2,800 units. The company used 250 direct labor-hours to produce this output. The actual direct labor rate was $14.10 per hour.The labor efficiency variance for July is:
A) $450 Unfavorable 
B) $423 Favorable 
C) $423 Unfavorable 
D) $450 Favorable

Quizplus · Accepted Answer

The Answer of Saxena Corporation makes a product that has the following direct labor standards:  The company budgeted for production of 2,900 units in July, but actual production was 2,800 units. The company used 250 direct labor-hours to produce this output. The actual direct labor rate was $14.10 per hour.The labor efficiency variance for July is:
A) $450 Unfavorable 
B) $423 Favorable 
C) $423 Unfavorable 
D) $450 Favorable

Saxena Corporation Makes a Product That Has the Following Direct