Labor to production at a cost

Assignment Help Accounting Basics

Reference no: EM13137493

If a company assigns factory labor to production at a cost of $42,000 when standard cost is $40,000, it will:

A) debit Labor Price Variance for $2,000.

B) credit Labor Price Variance for $2,000.

C) debit Labor Quantity Variance for $2,000.

D) credit Labor Quantity Variance for $2,000.

Reference no: EM13137493

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