A job was budgeted to require 3 hours of labor per unit at $11.00 per...

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Accounting

A job was budgeted to require 3 hours of labor per unit at $11.00 per hour. The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of $269,500. What is the total labor cost variance?

Multiple Choice

  • $2,000 unfavorable.

  • $3,000 unfavorable.

  • $5,500 unfavorable.

  • $8,000 unfavorable.

  • $9,000 unfavorable.

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