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Airon Company Recently Completed 10,600 Units of Its Single Product

Question 59

Multiple Choice

Airon Company recently completed 10,600 units of its single product, consuming 32,000 labor hours that cost the firm $480,000.According to manufacturing specifications, each unit should have required 3 hours of labor time at $15.40 per hour. On the basis of this information, determine Airon's labor rate variance and labor efficiency variance. Airon Company recently completed 10,600 units of its single product, consuming 32,000 labor hours that cost the firm $480,000.According to manufacturing specifications, each unit should have required 3 hours of labor time at $15.40 per hour. On the basis of this information, determine Airon's labor rate variance and labor efficiency variance. A) Choice A B) Choice B C) Choice C D) Choice D E) Choice E


A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E

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