Ball Medina
01/18/2023 · High School
A company manufactures one product, the G9. The budgeted output of G9 for the year was 60,000 un unit of \( G 9 \) takes 2 hours of labour at a cost per labour hour of \( £ 8 \). The actual output of G9 for the year was 66,000 units with a total labour cost of \( £ 1,000,000 \). What is the total labour cost variance for the year? \( £ 56,000 \) favourable \( £ 40,000 \) favourable \( £ 56,000 \) adverse
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The total labor cost variance for the year is £40,000 adverse.
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