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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
Valley View Company produces hiking boots. The direct labor standard for each pair of boots is 1 hour at a cost of $20.00 per direct labor hour. During the month of May, Valley View Company used 2,500 direct labor hours to produce 2,350 pairs of boots. Total direct labor cost for May was $48,000. What is the labor rate variance for May?
A) $2,000 favorable
B) $2,000 unfavorable
C) $1,000 unfavorable
D) $1,000 favorable
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
Wow! Thank you
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