What's the labor rate variance and labor efficiency variance for the month? Std labor hrs: 4, labor

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What's the labor rate variance and labor efficiency variance for the month?
Std labor hrs: 4, labor rate std: 18.35, actual labor: 9300
Total labor costs: 171,585. Actual output: 2300 units.

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Managerial Accounting

ISBN: 978-1118338445

2nd edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: Feb 16, 2017 09:13 AM

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What's the labor rate variance and labor efficiency variance for the month? Std labor hrs: 4, labor

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Labor rate is actual hours times Actual Rate ...View the full answer

Managerial Accounting

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