The standard costs and actual costs for direct labor in the manufacture of 2,500 units of product
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The standard costs and actual costs for direct labor in the manufacture of 2,500 units of product are as follows: Standard Costs Direct labor 7,500 hours @ $11.80 Actual Costs Direct labor 7,400 hours @ $11.40 The direct labor time variance is a. $1,180 favorable b. $1,140 unfavorable c. $1,180 unfavorable d. $1,140 favorable
Related Book For
Financial and Managerial Accounting Using Excel for Success
ISBN: 978-1111993979
1st edition
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
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