Solved

JAX Inc in Early 2012, JAX Inc

Question 75

Multiple Choice

JAX Inc. In early 2012, JAX Inc. had budgeted for the production and sales of 5,000 units at a sales price of $15 per unit. The following information is available regarding the standard cost for each unit:
JAX Inc. In early 2012, JAX Inc. had budgeted for the production and sales of 5,000 units at a sales price of $15 per unit. The following information is available regarding the standard cost for each unit: Actual results for 2012 were determined to be as follows: Refer to the JAX Inc. information above. What was JAX Inc.'s direct labor efficiency variance for 2012? A) $1,120 F B) $1,120 U C) $1,232 F D) $1,232 U Actual results for 2012 were determined to be as follows:
JAX Inc. In early 2012, JAX Inc. had budgeted for the production and sales of 5,000 units at a sales price of $15 per unit. The following information is available regarding the standard cost for each unit: Actual results for 2012 were determined to be as follows: Refer to the JAX Inc. information above. What was JAX Inc.'s direct labor efficiency variance for 2012? A) $1,120 F B) $1,120 U C) $1,232 F D) $1,232 U Refer to the JAX Inc. information above. What was JAX Inc.'s direct labor efficiency variance for 2012?


A) $1,120 F
B) $1,120 U
C) $1,232 F
D) $1,232 U

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q70: Kincaid Ltd. produces and sells leather wallets.

Q71: JAX Inc. In early 2012, JAX Inc.

Q72: Smith Corporation has a $6,000 favorable flexible

Q73: Carlton Corporation Carlton Corporation produces and sells

Q74: JAX Inc. In early 2012, JAX Inc.

Q76: Tulley Manufacturing has an unfavorable direct labor

Q77: Peterson Inc. uses direct labor hours as

Q78: Hayward Inc. Hayward Inc. produces a unique

Q79: Bayou Barbecue Inc. bottles and sells barbecue

Q80: Which of the following statements is false