Thomas Company reports the following direct labor information for one of its products for April: Required Based
Question:
Thomas Company reports the following direct labor information for one of its products for April:
Required Based on these data, what was the number of actual hours worked and what was the labor price variance?
Transcribed Image Text:
Standard rate Actual rate paid Standard hours allowed for actual production Labor efficiency variance $7.00 per hour $7.20 per hour 11,200 hours $5,600 F
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Related Book For
Fundamentals Of Cost Accounting
ISBN: 0071332618
2nd Edition
Authors: William Lanen, Shannon Anderson
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