The following direct labor standards have been established for product m80a: standard direct labor-hours1.3 hours per unit of m80a standard direct labor wage rate 14.10 per hour the following data pertain to the most recent months operations during which 2,000 units of product m80a were made: actual direct labor-hours worked 2,700 actual direct labor wages paid 36,450 a. what was the labor rate variance for the month? b. what was the labor efficiency variance for the month?
a. What was the labor rate variance for the month?
A) 1,620 favorable
B) 1,620 unfavorable
C) 2,970 favorable
D) 2,970 unfavorable
b. What was the labor efficiency variance for the month?
A) 1,620 favorable
B) 1,620 unfavorable
C) 2,970 favorable
D) 2,970 unfavorable
