The following data relate to labor cost for production of smart telephones: Actual:4,200 hrs. at $17.20 .....
Question:
The following data relate to labor cost for production of smart telephones:
Actual:4,200 hrs. at $17.20 ..... $72,240
Standard: 4,260 hrs. at $16.75 .... $71,355
a. Determine the rate variance, time variance, and total direct labor cost variance.
b. Discuss what might have caused these variances.
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a Rate variance Direct Labor Rate Variance Actual Rate per Hour Standard Rate per Hour Actual Hours ...View the full answer
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Sumit kumar
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QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
GNIOT Greater Noida
TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida
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