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Blue Company Produces Picture Frames

Question 63

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Blue Company produces picture frames.During the year, 250,000 picture frames were produced.Materials and labor standards for producing the picture frames are as follows: ​
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Blue Company produces picture frames.During the year, 250,000 picture frames were produced.Materials and labor standards for producing the picture frames are as follows: ​ ​ Blue purchased and used 600,000 pieces of wood at $2.5 each, and its actual labor hours were 400,000 hours at a wage rate of $15.00. ​ What is Blue's total labor variance? A) $1,250,000 F B) $2,300,000 U C) $1,430,500 F D) $1,500,000 U Blue purchased and used 600,000 pieces of wood at $2.5 each, and its actual labor hours were 400,000 hours at a wage rate of $15.00.
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What is Blue's total labor variance?


A) $1,250,000 F
B) $2,300,000 U
C) $1,430,500 F
D) $1,500,000 U

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