Primm Company produces a product that requires three standard hours per unit at a standard hourly rate

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Primm Company produces a product that requires three standard hours per unit at a standard hourly rate of $20 per hour. If 2,500 units required 7,900 hours at an hourly rate of $21.50 per hour, what is the direct labor

(a) Rate variance

(b) Time variance

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Financial and Managerial Accounting Using Excel for Success

ISBN: 978-1111993979

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Authors: James Reeve, Carl S. Warren, Jonathan Duchac

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Question Posted: Dec 04, 2018 11:38 AM

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Primm Company produces a product that requires three standard hours per unit at a standard hourly rate

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a Direct labor rate 11850 2150 2000 7900 hrs variance unf...View the full answer

Financial and Managerial Accounting Using Excel for Success

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