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Biscuit Company Has Developed the Following Standards for One of Its

Question 56

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Biscuit Company has developed the following standards for one of its products. Direct labor hours is the driver used to assign overhead costs to products. Biscuit Company has developed the following standards for one of its products. Direct labor hours is the driver used to assign overhead costs to products.   The company records materials price variances at the time of purchase. The direct labor efficiency variance is A)  $8,000 unfavorable. B)  $8,000 favorable. C)  $20,000 unfavorable. D)  $20,000 favorable. The company records materials price variances at the time of purchase.
The direct labor efficiency variance is


A) $8,000 unfavorable.
B) $8,000 favorable.
C) $20,000 unfavorable.
D) $20,000 favorable.

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