Logen Construction builds standard prefabricated wooden frames for walls. Each frame requires five direct labor hours and
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Logen Construction builds standard prefabricated wooden frames for walls. Each frame requires five direct labor hours and the standard hourly direct labor rate is $ 18. During July, the company produced 670 frames and worked 3,310 direct labor hours. Payroll records indicate that workers earned $ 60,407.50.
a. What were the standard hours for July production?
b. What was the actual hourly wage rate?
c. Calculate the direct labor variances.
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Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111971724
9th edition
Authors: Michael R. Kinney, Cecily A. Raiborn
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