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Calculate the labor efficiency variance: Labor costs: Budgeted costs (per unit)2.25 hours at...

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Accounting

Calculate the labor efficiency variance:

Labor costs:

Budgeted costs $($ per unit $) 2.25$ hours at $16.40$ per hour based on $350$ units.

Actual:

Units: $310$

Hours: $620$

Labor cost: $10, 540$

a $. 1, 435$ favourable

b $. 1, 271$ favourable

c $. 899$ favourable

d $. 1, 435$ adverse

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