Primm Company produces a product that requires three standard hours per unit at a standard hourly rate
Question:
Primm Company produces a product that requires three standard hours per unit at a standard hourly rate of $20 per hour. If 2,500 units required 7,900 hours at an hourly rate of $21.50 per hour, what is the direct labor
(a) Rate variance
(b) Time variance
(c) Cost variance
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a Direct labor rate 11850 2150 2000 7900 hrs variance unf...View the full answer
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Related Book For
Financial and Managerial Accounting Using Excel for Success
ISBN: 978-1111993979
1st edition
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
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