Figure 10-4

question 49

Multiple Choice

Figure 10-4. High Fliers Company produces model airplanes.During the month of November,it produced 2,000 planes.The actual labor hours were 7 hours per plane.Its standard labor hours are 10 hours per plane.The standard labor rate is $11 per hour.At the end of November,High Fliers found that it had a favorable labor rate variance of $10,500.
Refer to Figure 10-4.What was High Fliers' total labor variance?

• A)$61,500 F
• B)$76,500 F
• C)$76,500 U
• D)$61,500 U

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