Multiple Choice
The Perfect Tool Company (South America Division) produced 80,000 saw blades during the year.It took 1.5 hours of labor per blade at a rate of $8.50 per hour.However, its standard labor rate is $8.00.Its labor efficiency variance was an unfavorable $40,000.
- What is Perfect's labor rate variance?
A) $57,500 U
B) $57,500 F
C) $60,000 U
D) $60,000 F
Correct Answer:

Verified
Correct Answer:
Verified
Q202: The two variances for variable overhead are<br>A)
Q203: Favorable variances are credits and unfavorable variances
Q204: The fixed overhead spending variance<br>A) is usually
Q205: Which of the following is not true
Q206: _ is calculated by multiplying the unit
Q208: Alkyl Fliers Company produces model airplanes.During the
Q209: Ethene Builders constructs houses.The standard labor rate
Q210: Which of the following is true about
Q211: Griffen Corporation uses a standard costing system.Information
Q212: Claire Company uses a standard costing system.The