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spiderman13 spiderman13
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A year ago
The following labor standards have been set for a product:

Standard labor hours per unit 9 hours
Standard wage rate$15

The following data pertain to operations for the period.

Actual hours worked8,100
Actual total labor cost$120,000
Units produced during the period850

Required:

Calculate the direct labor rate and efficiency variances and indicate whether the variances are favorable or unfavorable.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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tkane127tkane127
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A year ago
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spiderman13 Author
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A year ago
Thank you, thank you, thank you!
yen
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Brilliant
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2 hours ago
Good timing, thanks!
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