Direct labor variances OBJ. 3 The following data relate to labor cost for production of 20,000 cellular
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Direct labor variances OBJ. 3 The following data relate to labor cost for production of 20,000 cellular telephones:
Actual: 8,450 hrs. at $22.50 Standard: 8,400 hrs. at $23.00
a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance.
b. Discuss what might have caused these variances.
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Related Book For 
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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