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A Job Was Budgeted to Require 3 Hours of Labor

question 97

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A job was budgeted to require 3 hours of labor per unit at $8.00 per hour.The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of $198,000.What is the total labor cost variance?


Definitions:

European Middle Class

A socio-economic group in Europe typically characterized by moderate wealth, educational attainment, and a degree of cultural influence.

Atlantic Slave Trade

The historical trade of African peoples, forcibly transported to the Americas as slaves by European traders from the 16th to the 19th centuries.

Portuguese

Relating to Portugal or its people, language, or culture, a Southern European country on the Iberian Peninsula.

African Captors

Describes individuals or groups in Africa involved in capturing people, often related to slave trade practices historically.

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