The company's usage of direct labor in a recent quarter is given in the following table:...
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The company's usage of direct labor in a recent quarter is given in the following table: Actual direct labor hours used Actual rate per hour Standard rate per hour Standard hours for units produced How much is the direct labor rate variance? 34,000 $24.00 $21.75 31,000 The company's usage of direct labor in a recent quarter is given in the following table: Actual direct labor hours used Actual rate per hour Standard rate per hour Standard hours for units produced How much is the direct labor rate variance? 34,000 $24.00 $21.75 31,000
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To calculate the direct labor rate variance you need to subtract the standard cost from the actu... View the full answer
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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