Republic, Inc. has gathered the following data in preparing to record their direct labor payroll costs for the week:
Actual hours worked			18,500
Standard hours allowed			20,000
Total direct labor variance			$      8,300	F
Direct labor price variance			$      3,700	U
Required: Calculate
(a) The standard direct labor price
(b) The actual direct labor costs
( c) The actual direct labor price

Answer rating: 100% (QA)

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