Task Master Enterprises employs a standard cost system in which direct materials inventory is carried...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Task Master Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Task Master has established the following standards for the prime costs of one unit of product.
Standard Quantity Standard Price Standard cost
Direct materials 10 pounds $2.00 per pound $20.00
Direct Labor 20 hour $9.00 per hour $1.80
$21.80
During November, Taskmaster purchased 231,000 pounds of direct materials at a total cost of $508,200. The total factory wages for November were $48,000, 80% of which were for direct labor. Task Master manufactured 22,000 units of product during november using 200,000 pounds of direct materials and 5000 direct labor hours. What is the direct labor efficiency variance for November
A $2,037
B $5,400
C $5,808
D $4,200
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.