A manufactured product has the following information for June. Standard $7 per lb. $15 per hr....
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A manufactured product has the following information for June. Standard $7 per lb. $15 per hr. $11 per hr. Direct materials Direct labor Overhead Units manufactured AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate 6 lbs. 3 hrs. 3 hre. Actual Cost Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and no varlance. Round "Rate per hour" answers to 2 decimal places.) Z 53,400 lbm. 26,000 hrs. $296,900 8,800 Actual Beace ng $7.10 per lb. $15.50 per hr. D Standard Cost hlaut A manufactured product has the following information for June. Standard $7 per lb. $15 per hr. $11 per hr. Direct materials Direct labor Overhead Units manufactured AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate 6 lbs. 3 hrs. 3 hre. Actual Cost Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and no varlance. Round "Rate per hour" answers to 2 decimal places.) Z 53,400 lbm. 26,000 hrs. $296,900 8,800 Actual Beace ng $7.10 per lb. $15.50 per hr. D Standard Cost hlaut
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AH 26000 Actual Cost AR 1550 40300000 Total 1300000 D... View the full answer
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