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  3. Study Set
    Financial and Managerial Accounting Study Set 11
  4. Exam
    Exam 23: Evaluating Variances From Standard Costs
  5. Question
    The Following Data Relate to Direct Labor Costs for the Current
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The Following Data Relate to Direct Labor Costs for the Current

Question 4

Question 4

Multiple Choice

The following data relate to direct labor costs for the current period: Standard costs
7,500 hours at $11.70
Actual costs
6,000 hours at $12.00
The direct labor time variance is


A) $18,000 favorable
B) $18,000 unfavorable
C) $17,550 unfavorable
D) $17,550 favorable

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