Homework answers / question archive / Standard labor hours per unit of output: 2

Standard labor hours per unit of output: 2

Economics

Share With

Standard labor hours per unit of output: 2.8
standard labor rate per hour: 11.50

operations for the last month:
actual hours worked: 6900
actual total labor cost: 80,385
actual output: 2300 units

What is the labor variance for the month?

What is the labor efficiency rate for the month?