Fletcher Company collected the following data regarding production of one of its products. Compute the direct...
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Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (3.00 hours @ $12.40/hour) $37.20 per finished unit Actual direct labor hours Actual finished units produced Actual cost of direct labor 80,500 hours 26,600 units $ 1,000,520 Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (3.00 hours @ $12.40/hour) $37.20 per finished unit Actual direct labor hours Actual finished units produced Actual cost of direct labor 80,500 hours 26,600 units $ 1,000,520
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