The following data relate to direct labor costs for the current period: $$\begin{array} { l l }
\text { Standard costs } & 36,000 \text { hours at } \$ 23.50 \
\text { Actual costs } & 35,000 \text { hours at } \$ 23.00
\end{array}$$ What is the direct labor time variance?
A) $23,000 unfavorable
B) $23,500 unfavorable
C) $23,500 favorable
D) $23,000 favorable

Question

The following data relate to direct labor costs for the current period: $$\begin{array} { l l } 
\text { Standard costs } & 36,000 \text { hours at } \$ 23.50 \
\text { Actual costs } & 35,000 \text { hours at } \$ 23.00
\end{array}$$ What is the direct labor time variance?
A) $23,000 unfavorable
B) $23,500 unfavorable
C) $23,500 favorable
D) $23,000 favorable

Quizplus · Accepted Answer

The Answer of The following data relate to direct labor costs for the current period: $$\begin{array} { l l } 
\text { Standard costs } & 36,000 \text { hours at } \$ 23.50 \
\text { Actual costs } & 35,000 \text { hours at } \$ 23.00
\end{array}$$ What is the direct labor time variance?
A) $23,000 unfavorable
B) $23,500 unfavorable
C) $23,500 favorable
D) $23,000 favorable

The Following Data Relate to Direct Labor Costs for the Current