The following data relate to labor cost for production of 50,000 cellular telephones: Actual: 9,300 hrs. at

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The following data relate to labor cost for production of 50,000 cellular telephones:

Actual:                   9,300 hrs. at $29.50
Standard:             9,000 hrs. at $30.00
a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance.
b. Discuss what might have caused these variances.

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Related Book For  answer-question

Financial And Managerial Accounting

ISBN: 9780357714041

16th Edition

Authors: Carl S. Warren, Jefferson P. Jones, William Tayler

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