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# Alvarado Company produces a product that requires 5 standard direct labor hours per unit at a standard hourly rate of $12.00 per hour. If

## Alvarado Company produces a product that requires 5 standard direct labor hours per unit at a standard hourly rate of $12.00 per hour. If 5,700 units used 29,400 hours at an hourly rate of $11.40 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance b. Direct labor time variance c. Direct labor cost variance Favorable Unfavorable Favorable

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a Direct Labor Rate Variance Standard rate per hour 1200 Actual rate per hour 1140 Standard hours al...### Get Instant Access to Expert-Tailored Solutions

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