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  3. (32) a retail company reports these cost data: ac

(32) A retail company reports these cost data: Actual Results Total labor cost:...

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Accounting

(32) A retail company reports these cost data:
Actual Results
Total labor cost: $1,140,000
Number of units produced: 10,000
Number of labor hours worked: 25,000
The company has established these standards:
Number of labor hours to produce one unit: 3
Standard labor rate: $50
What is the labor efficiency variance?
$200,000r
$200,000U
$250,000F
$250,000U
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