Standard unit cost; variance analysis; journal entries LO 2,3,4 1,000 units were started and finished. Case I.
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Standard unit cost; variance analysis; journal entries LO2,3,4 1,000 units were started and finished.
Case I. All prices and quantities are standard, except for the labor rate, which is $10.20 per hour.
Case 2. All prices and quantities are standard with the exception of labor hours, which totaled 900.
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