The following labor standards have been set for a product 9 hours Standard labor hours per...

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The following labor standards have been set for a product 9 hours Standard labor hours per unit Standard wage rate $18.00 The following data pertain to operations for the period: Actual hours worked Actual total labor cost Units produced during the period 10,100 $140,000 1,050 Calculate the direct labor rate and efficiency variances and indicate whether the variances are favorable or unfavorable. The following labor standards have been set for a product 9 hours Standard labor hours per unit Standard wage rate $18.00 The following data pertain to operations for the period: Actual hours worked Actual total labor cost Units produced during the period 10,100 $140,000 1,050 Calculate the direct labor rate and efficiency variances and indicate whether the variances are favorable or unfavorable.

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Direct labor rate variance Standard rate per hour 1800 Actual hours worked 10100 ... View the full answer