Requires 4 hours of direct labor and the standard direct labor rate is $11.00 per hour. The
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Requires 4 hours of direct labor and the standard direct labor rate is $11.00 per hour. The actual production of 2,000 finished units consumed 8,400 hours. Total direct labor payroll costs for the period totaled $94,500. Find the labor rate variance and the efficiency variance.
Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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