Choco Sweet Inc.gives you the following information: The standard labor time of 0.75 labor hour is required to produce one unit.The standard labor cost for a 10 pound bag of chocolate is $8 per labor hour.The following is data relating to the actual cost and usage data. Using the above information provided for Choco Sweet.
-Compute the direct labor variance for Choco Sweet Inc.
A) $11,688 (U)
B) $8,500 (F)
C) $2,500 (F)
D) $11,688 (F)
Correct Answer:
Verified
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