Marbles Company has the following information available regarding its labor: Managers expected to pay $11 per direct
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Marbles Company has the following information available regarding its labor: Managers expected to pay $11 per direct labor hour, but ended up paying $10 per labor hour. Each unit produced should take 1 direct labor hour; actual total usage was 990 direct labor hours. Finally, the company planned to produce 1,000 units, but only produced 950. Calculate the labor activity variance.
Related Book For
Management Accounting
ISBN: 9780077185534
6th Edition
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
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