The following direct labor standards have been established for product O64L:
The following data pertain to last month's operations:
Required:
a.What was the labor rate variance for the month?
b.What was the labor efficiency variance for the month?

Question

The following direct labor standards have been established for product O64L:
  The following data pertain to last month's operations:
  Required:
a.What was the labor rate variance for the month?
b.What was the labor efficiency variance for the month?

Quizplus · Accepted Answer

The Answer of The following direct labor standards have been established for product O64L:
  The following data pertain to last month's operations:
  Required:
a.What was the labor rate variance for the month?
b.What was the labor efficiency variance for the month?

The Following Direct Labor Standards Have Been Established for Product