Question: Archer Corp uses a standard cost system which has provided the following data: Units of output manufactured 950 Direct labor: Standard hours allowed 4 hours

Archer Corp uses a standard cost system which has provided the following data: Units of output manufactured 950 Direct labor: Standard hours allowed 4 hours per unit of product Standard wage rate Actual direct labor $12.50 per hour 3700 hours, total cost $51,800 Archer's labor rate variance for the period was: Roman's labor efficiency variance for the period was

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