A company uses a standard costing system. The data below are for February. Actual direct working hours

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A company uses a standard costing system. The data below are for February.

Actual direct working hours worked........6500

Standard direct labor rate....$8 per hour

labor rate variance......2600 positive.

What is the actual direct labor rate for February, in steps?

Related Book For answer-question

Managerial Accounting for Managers

ISBN: 978-1259578540

4th edition

Authors: Eric Noreen, Peter Brewer, Ray Garrison

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Posted Date: Jul 17, 2023 04:48 AM

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A company uses a standard costing system. The data below are for February. Actual direct working hours

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Labor rate variance Actual Labour hours ... View the full answer

Managerial Accounting for Managers

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