The following working standards have been established for a particular product Standard working hours per unit of output 9 8 moment Standard labor rate $ 13 60 hourly The following data relates to product related transactions in the last month Actual hours worked 7 600 moment Actual total labor cos...

To calculate the labor productivity difference for the month we need to compare the actual l ...

The following working standards have been established for a particular product: Standard working hours per unit of

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The following working standards have been established for a particular product:


Standard working hours per unit of output		9.8	moment
Standard labor rate	$	13.60	hourly

The following data relates to product-related transactions in the last month:


Actual hours worked		7.600	moment
Actual total labor cost	$	100.320
real output		950	units

What is the labor productivity difference for the month?

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Managerial Accounting Creating Value in a Dynamic Business Environment

ISBN: 978-0078025662

10th edition

Authors: Ronald Hilton, David Platt

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Posted Date: Jul 17, 2023 08:00 AM

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Managerial Accounting Creating Value in a Dynamic Business Environment

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