Dazzle Toy Company gathered the following actual results for the current month:

Budgeted production and standard costs were:

-What is the direct labour efficiency variance at Dazzle Toy Company?

Question

Dazzle Toy Company gathered the following actual results for the current month:
  
Budgeted production and standard costs were:
 
-What is the direct labour efficiency variance at Dazzle Toy Company?

Quizplus · Accepted Answer

A) Labour efficiency var = (Actual quantity - Std quantity allowed) × Std price
$18,000 F = (4500 - {1.5 hrs × 4000 }) × $12

Dazzle Toy Company Gathered the Following Actual Results for the Current