The standard cost for 5,000 units of a product and 10,000 direct labor hours is...
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Accounting
The standard cost for 5,000 units of a product and 10,000 direct labor hours is as follows: Standard cost description Standard quantity per unit Standard rate Standard cost per unit Direct materials 4 pounds @ $3 $12 Direct labor 2 hours @ $10 $20 Variable overhead 2 hours @ $8 $16 Fixed overhead $25,000 per 5,000 units $5 Total standard cost per unit $53 The actual direct labor hours used to produce 4,950 units was 9,700 hours. What is the direct labor efficiency variance?
A. $3,000 unfavorable. B. $3,000 favorable. C. $2,000 unfavorable. D. $2,000 favorable.
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