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    Financial and Managerial Accounting Study Set 4
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    Exam 22: Performance Evaluation Using Variances From Standard Costs
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    The Standard Costs and Actual Costs for Direct Materials, Direct
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The Standard Costs and Actual Costs for Direct Materials, Direct

Question 73

Question 73

Multiple Choice

The standard costs and actual costs for direct materials, direct labor, and factory overhead for the manufacture of 2,500 units of product are as follows: The standard costs and actual costs for direct materials, direct labor, and factory overhead for the manufacture of 2,500 units of product are as follows:  The amount of the direct labor time variance is: A)  $1,180 favorable B)  $1,140 unfavorable C)  $1,180 unfavorable D)  $1,140 favorableThe amount of the direct labor time variance is:


A) $1,180 favorable
B) $1,140 unfavorable
C) $1,180 unfavorable
D) $1,140 favorable

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