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A manufactured product has the following information for June.
Standard Quantity and Cost Actual Results
Direct materials pounds @ $ per pound pounds @ $ per pound
Direct labor DLH @ $ per DLH hours @ $ per hour
Overhead DLH @ $ per DLH $
Units manufactured units
Compute the direct labor rate variance and direct labor efficiency variance. Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round \"Rate per hour\" answers to decimal places.
AH Actual Hours
SH Standard Hours
AR Actual Rate
SR Standard Rate
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Posted Date: