Multiple Choice
Figure 9-2 Bender Corporation produced 100 units of Product AA.The total standard and actual costs for materials and direct labor for the 100 units of Product AA are as follows:
-Refer to Figure 9-2.What is the journal entry to record labor variances?
A) Work in Process 6,072 Payroll 6,072
B) Payroll 6,072 Work in Process 6,072
C) Work in Process 6,000 Labor Efficiency Variance 552
Labor Rate Variance 480
Payroll 6,072
D) Work in Process 6,000 Labor Rate Variance 552
Labor Efficiency Variance 480
Payroll 6,072
Correct Answer:
Verified
Correct Answer:
Verified
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