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TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at...

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Accounting

TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product. Standard Standard Standard Quantity Price Cost Direct Materials 10 pounds $ 1.90 per pound $ 19.00 Direct Labor .30 hour $ 6.80 per hour 2.04 $ 21.04 During November, TaskMaster purchased 200,000 pounds of direct materials at a total cost of $440,000. The total factory wages for November were $48,000, 80% of which were for direct labor. TaskMaster manufactured 19,000 units of product during November using 175,000 pounds of direct materials and 6,000 direct labor hours. What is the direct labor efficiency variance for November? $1,680. $2,040. $2,280. $2,149.

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