Standard and actual costs for direct labor for the manufacture of 1000 units of product were as

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Standard and actual costs for direct labor for the manufacture of 1000 units of product were as follows:

Actual costs 960 hours @ $36.00

Standard costs 970 hours@ 35.50

Determine the A. variance, B. rate variance, C. total direct labor cost variance


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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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