Following is information about Fine Furnitures direct labor hours and wages last period. Actual labor hours at
Question:
Actual labor hours at the standard price per hour .... $1,680
Actual labor hours at the actual price per hour ...... 1,752
Standard labor hours at the standard price per hour ... 1,750
Standard labor hours at the actual price per hour .... 1,825
REQUIRED
A. Calculate the direct labor efficiency variance.
B. Calculate the direct labor price variance.
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Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
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