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

Standard labor hours per unit 12 hours
Standard wage rate$12

The following data pertain to operations for the period.

Actual hours worked11,000
Actual total labor cost$135,000
Units produced during the period1,000

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
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9quatroquatro99quatroquatro9
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