The Lennon Company uses a standard costing system and a flexible budget. At a normal level of activity of 15,000 units and 45,000 standard direct labor hours, the standard direct labor cost would be $270,000 . During June, 44,050 hours were worked to produce 14,000 units at an actual direct labor cost of $352,000 . The direct labor efficiency variance in June was
a. $20,300 (U).
b. $12,300 (U).
c. $12,300 (F).
d. $15,300 (U).
B
Business
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Environmental regulations enforced by the government adversely affect automobile and steel manufacturing companies
Indicate whether the statement is true or false
Business
Which of the following strategies is pursued by international businesses that use management development for a strong unifying corporate culture and informal management networks to assist in coordination and control?
A. Localization B. International C. Transnational D. Global standardization E. Ethnocentric
Business