The following data relate to labor cost for production of 12,500 cellular telephones: Actual: 13,600 hours at
Question:
Actual: 13,600 hours at $16.15 .... $219,640
Standard: 13,725 hours at $16.00 ... $219,600
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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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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