Multiple Choice
The standard labour price is $10 per hour. The standard labour hours required per unit are 3. Last month 400 units were produced and 1,500 hours were used. Actual labour cost was $15,750. What are the direct labour price and efficiency variances? Price variance Efficiency variance
A) $3,000 U $750 U
B) $750 U $3,000 U
C) $750 F $3,000 F
D) $3,000 F $750 F
Correct Answer:
Verified
Correct Answer:
Verified
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