The company budgeted for production of 6,400 units in october, but actual production was 6,500 units. the company used 610 direct labor-hours to produce this output. the actual direct labor rate was $21.80 per hour. the labor efficiency variance for october is:

a ab

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

it is d i just took the test