Multiple Choice
Accurate Tax Returns budgets two direct labor hours for every tax return that it prepares,at a standard cost of $34 an hour.During the most recent year,540 returns were completed with the labor cost totaling $26,000.The actual labor cost was $48.15 per hour during that period.The actual number of labor hours was 1,000.What is the direct labor cost variance?
A) $7,640 F
B) $34,000 U
C) $14,150 U
D) $34,000 F
Correct Answer:
Verified
Correct Answer:
Verified
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