Multiple Choice
Ethene Builders constructs houses.The standard labor rate is $20 per hour and the standard number of hours is 13,000 hours per home.During the year, it constructed 12 homes using 15,000 labor hours per home and a rate of $23 per hour. Calculate the labor efficiency variance.
A) $540,000 F
B) $480,000 U
C) $540,000 U
D) $480,000 F
Correct Answer:
Verified
Correct Answer:
Verified
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