Business, 11.02.2020 04:00 corrineikerd

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, 520 returns were completed with the labor cost totaling $18,000. The actual labor cost was $34.62 per hour during that period. The actual number of labor hours was 1,200.
1) What is the direct labor cost variance?
Select one:
A. $40,800 U
B. $320 F
C. $744 U
D. $40,800 F
E. None of the above

Answers: 1

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