Midgley Corporation makes a product whose direct labor standards are 0.6 hours per unit and...
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Accounting
Midgley Corporation makes a product whose direct labor standards are 0.6 hours per unit and $32 per hour. In April the company produced 7,550 units using 4,030 direct labor-hours. The actual direct labor cost was $84,630. The labor efficiency variance for April is:
$60,330 F
$16,000 U
$16,000 F
$60,330 U
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