Dibert 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 February:
The labor efficiency variance for the month is closest to:
A) $3,876 Unfavorable
B) $4,199 Favorable
C) $4,199 Unfavorable
D) $3,876 Favorable

Question

Dibert 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 February:
 The labor efficiency variance for the month is closest to:
A) $3,876 Unfavorable 
B) $4,199 Favorable 
C) $4,199 Unfavorable 
D) $3,876 Favorable

Quizplus · Accepted Answer

The Answer of Dibert 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 February:
 The labor efficiency variance for the month is closest to:
A) $3,876 Unfavorable 
B) $4,199 Favorable 
C) $4,199 Unfavorable 
D) $3,876 Favorable

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