Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (.50 hours @ $13.30/hour) Actual direct labor hours Actual finished units produced Actual cost of direct labor Multiple Choice O $665 favorable. $15,335 favorable. $665 unfavorable. O $16,000 favorable. $16,000 unfavorable. $ 6.65 per finished unit 85,600 hours 171,100 units $ 1,153,815

Principles of Accounting Volume 2
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Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 8PA: Breakaway Companys labor information for May is as follows: A. What is the actual direct labor rate...
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Fletcher Company collected the following data regarding production of one of its products. Compute the direct
labor efficiency variance.
Direct labor standard (.50 hours @ $13.30/hour)
Actual direct labor hours
Actual finished units produced
Actual cost of direct labor
Multiple Choice
O
O
$665 favorable.
$15,335 favorable.
$665 unfavorable.
$16,000 favorable.
$16,000 unfavorable.
$ 6.65 per finished unit
85,600 hours
171,100 units
$ 1,153,815
Transcribed Image Text:Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (.50 hours @ $13.30/hour) Actual direct labor hours Actual finished units produced Actual cost of direct labor Multiple Choice O O $665 favorable. $15,335 favorable. $665 unfavorable. $16,000 favorable. $16,000 unfavorable. $ 6.65 per finished unit 85,600 hours 171,100 units $ 1,153,815
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