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Wolfe Manufacturing Company has the following direct labor standards:Standard labor hours for each ...

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Wolfe Manufacturing Company has the following direct labor standards:Standard labor hours for each ...

Wolfe Manufacturing Company has the following direct labor standards:

Standard labor hours for each unit of production

11 hours

Standard labor rate per hours

$15.10

The following actual data has been provided by Wolfe:

Actual hours worked

8,000

Actual direct labor cost

$120,000

Actual production

800 units

Required:

a.	Calculate the direct labor rate variance.

b.	Calculate the direct labor efficiency variance.

Textbook

Managerial Accounting

Edition: 4^th

Author: Davis

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jared8mp Author

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This helped my grade so much Perfect

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Good timing, thanks!

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Just got PERFECT on my quiz

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