Multiple Choice
Figure 4
Shannon Ltd.'s standard cost card contained the following information:
Direct labour: 1.25 hours x £8.00 per hour = £10.00
Shannon planned to make 12,000 units. Shannon actually made 10,000 units using 13,000 hours.
-Refer to Figure 4. Shannon's labour efficiency variance was
A) £4,625 unfavorable
B) £4,000 unfavorable
C) £27,750 unfavorable
D) £24,000 unfavorable
Correct Answer:
Verified
Correct Answer:
Verified
Q23: Figure 1<br>Max Company has developed the following
Q24: Figure 8<br>The following information was extracted from
Q25: A favorable materials price variance may be
Q26: labour efficiency variances may be caused by<br>A)
Q27: Figure 2<br>Rax Company has developed the following
Q30: The Chair Division operates as a revenue
Q31: Discuss the advantages and disadvantages of both
Q32: The labour efficiency variance is calculated as<br>A)
Q33: Figure 5<br>Ebola Company has developed the following
Q63: For better control of direct material prices,