Cybernet Systems is a start-up company that makes connectors for high-speed Internet connections. Cybernet has budgeted...
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Cybernet Systems is a start-up company that makes connectors for high-speed Internet connections. Cybernet has budgeted three hours of direct labor per connector, at a standard cost of $13 per hour. During August, technicians actually worked 194 hours completing 71 connectors. All 71 connectors actually produced were sold. Cybernet paid the technicians $13.80 per hour. What is Cybernet's direct labor efficiency variance for August? Cybernet Systems is a start-up company that makes connectors for high-speed Internet connections. Cybernet has budgeted three hours of direct labor per connector, at a standard cost of $13 per hour. During August, technicians actually worked 194 hours completing 71 connectors. All 71 connectors actually produced were sold. Cybernet paid the technicians $13.80 per hour. What is Cybernet's direct labor efficiency variance for August?
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Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 9780136115830
3rd Edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
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