The departmental supervisor assigned three people with a labor rate per person of ($ 10) an hour

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The departmental supervisor assigned three people with a labor rate per person of \(\$ 10\) an hour to a project with a standard labor rate of \(\$ 9\) an hour. Each person spent 70 hours on this project. What effect will this have on the labor rate variance?

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Managerial Accounting

ISBN: 9780538842822

9th Edition

Authors: Harold M. Sollenberger, Arnold Schneider, Lane K. Anderson

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