Airon Company recently completed 12,700 units of its single product, consuming 51,000 labor hours that cost the firm $84

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answerhappygod
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Airon Company recently completed 12,700 units of its single product, consuming 51,000 labor hours that cost the firm $84

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Airon Company recently completed 12,700 units of its singleproduct, consuming 51,000 labor hours that cost the firm $846,600.According to manufacturing specifications, each unit should haverequired 4 hours of labor time at $17.00 per hour.On the basis of this information, determine Airon’s labor ratevariance and labor efficiency variance.
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