Standard Labor Costs: Manor Lands, Inc., has a standard labor cost of $55 per unit of output.
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Standard Labor Costs: Manor Lands, Inc., has a standard labor cost of $55 per unit of output. During the past month. 3,000 output units were manufactured. The total labor-hours allowed for this output were 22,000 hours. The actual labor costs were $161,280. Actual labor- hours were 22,600.
Required: Prepare journal entries to record these transactions.
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