Use the following data to find the direct labor cost variance. Direct labor standard (3.5 hrs. @
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Use the following data to find the direct labor cost variance.
Direct labor standard (3.5 hrs. @ $7/hr.) $24.5 per unit
Actual hours worked per unit3 hours
Actual units produced3,100 units
Actual rate per hour$7.5
a. $8,700 unfavorable.
b. $7,700 favorable.
c. $6,700 unfavorable.
d. $5,450 favorable.
e. $6,200 favorable.
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e 6200 favorable Labor rate variance Actual hours x Standard labor rate A...View the full answer
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Related Book For
Microeconomics A Contemporary Introduction
ISBN: 978-1111415921
9th edition
Authors: William A. McEachern
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