Amys, Inc. Uses a Standard Cost system with the Following Labor Standards For One Units of Product:
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Question:
Amys, Inc. Uses a Standard Cost system with the Following Labor Standards For One Units of Product: Standard hours 0,20 and Standard wage rate $9. During january Amys incurred 3700 hours of direct labor and paid 32760 in wages in production of 18000 units.
Calculate the direct labor rate abd efficiency variances and indicate whether the variances are favorable Or Unfavorable
DL Rate Variance $ F U
DL Efficiency Variance $ F U
Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn
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