The Fischer Company uses a standard costing system. For the month of December, the following...
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Accounting
The Fischer Company uses a standard costing system. For the month of December, the following data have been assembled: Actual direct labor hours worked = 5,000 hours Standard direct labor rate = $10 per hour Labor efficiency variance = $2,000 unfavorable The standard hours allowed for December production is: 1) 5,200 hours. 2) 4,600 hours. 3) 4,800 hours. 4) 5,000 hours.
I calculated 5,200 but was wrong. I was trying to see how to get the right answer?
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