Figure 9-2
Bodacious Corporation produced 100 units of Product AA. The total standard and actual costs for materials and direct labor for the 100 units of Product AA are as follows:
Materials: Standard Actual
Standard: 200 pounds at $3.00 per pound $600
Actual: 220 pounds at $2.85 per pound $627
Direct labor:
Standard: 400 hours at $15.00 per hour 6,000
Actual: 368 hours at $16.50 per hour 6,072
-Refer to 9-2. What is the labor efficiency variance for Bodacious Corporation?
A) $480 (U)
B) $480 (F)
C) $552 (U)
D) $552 (F)

Question

Quizplus · Accepted Answer

The Answer of Figure 9-2
Bodacious Corporation produced 100 units of Product AA. The total standard and actual costs for materials and direct labor for the 100 units of Product AA are as follows:
Materials: Standard Actual
Standard: 200 pounds at $3.00 per pound $600
Actual: 220 pounds at $2.85 per pound $627
Direct labor:
Standard: 400 hours at $15.00 per hour 6,000
Actual: 368 hours at $16.50 per hour 6,072
-Refer to 9-2. What is the labor efficiency variance for Bodacious Corporation?
A) $480 (U)
B) $480 (F)
C) $552 (U)
D) $552 (F)

Figure 9-2 Bodacious Corporation Produced 100 Units of Product AA. the Total