Solved

During January Ajax Co

Question 174

Essay

During January Ajax Co. incurs 1850 hours of direct labor at an hourly cost of $11.80 in producing 1000 units of its finished product. Ajax standard labor cost per unit of output is $22
(2 hours x $11.00).
Instructions
Compute the total price and quantity labor variances for Ajax Co. for January.

Correct Answer:

verifed

Verified

Total labor variance = $170 F ...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions