Multiple Choice
Standard Tires' labor standard for the production of one bicycle tire is 4.5 hours at $8.50 per hour.During October, the company's employees produced 140,000 tires, using 610,000 hours at a total cost of $5,328,400.How much is Standard Tire's labor efficiency variance?
A) $143,400 unfavorable
B) $26,600 favorable
C) $170,000 favorable
D) $313,400 favorable
Correct Answer:

Verified
Correct Answer:
Verified
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