Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ramona company has the following labor-related dat

Ramona Company has the following labor-related data. Standard labor hours for output: 15,000...

60.1K

Verified Solution

Question

Accounting

Ramona Company has the following labor-related data.

Standard labor hours for output: 15,000 hours

Standard labor rate: $10 per hour

Actual labor rate: $8 per hour

Actual labor hours: 17,500 hours

Given this information, the labor EFFICIENCY variance is

$10,000 favorable

$35,000 unfavorable

$35,000 favorable

$10,000 unfavorable

$25,000 unfavorable

$25,000 favorable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

4 28 23 J K After hp 1 n 1 s 2 n 2 p...

Finance
1.2K views

Hi there, am prepping for a finance exam, but due to a sudden death in the...

Basic Math
1.2K views

The annual per capita consumption of bottled water was 30.7 gallons. Assume that the per capita...

Psychology
1.2K views

REVIEW: Select two of the following features of preoperational thought: egocentrism, a focus on perceptual appearances,...

General Management
1.2K views

Finally, recommend a way that Dionysus can implement the transactional process from entrepreneurial style to managerial style...

Biology
1.2K views

Why is it difficult to apply the biological species concept to bacteria. Remember that bacteria...

Biology
1.2K views

Name this type of bacteria O a diplobacillus O b vibrio O c sarcina O...

Physics
1.2K views

d pers 4 A rod of length 4 m is suspended from two wires as...

Calculus
1.2K views

Find ff f x y dA where f x y 2x 1 and R 2...

Accounting
1.2K views

This is a responsibility of banking regulation. "Responsible for approving the selection of bank...

Accounting
1.2K views

On December 31, 2024, the end of the fiscal year, California Microtech Corporation held its...

Accounting
1.2K views

Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31...