Multiple Choice
Shia Company makes a product that is expected to require 2 hours of labor per unit of product.The standard cost of labor is $5.20.Shia actually used 2.1 hours of labor per unit of product.The actual cost of labor was $5.30 per hour.Shia made 1,000 units of product during the period.Based on this information alone,the labor price variance is:
A) $200 unfavorable.
B) $200 favorable.
C) $210 favorable.
D) $210 unfavorable.
Correct Answer:
Verified
Correct Answer:
Verified
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