Labor Variances Compute the missing amounts. Total labor variance (efficiency plus rate variances) Labor efficiency variance Actual

Labor Variances Compute the missing amounts.

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Total labor variance (efficiency plus rate variances) Labor efficiency variance Actual labor hours incurred Units produced... $ 47,500 U 42,000 U 110,000 50,000 Standard hours allowed per unit 2 Total actual labor costs $467,500 Standard labor hours allowed for actual output Actual labor cost per hour (b) Actual labor cost per unit (c) Standard labor cost per hour Labor rate variance.... Standard labor cost per unit (d) (e (f)