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23-2 Please help me solve this asap. Thank you in advance. Direct Labor Variances Bellingham Company produces a product that requires 9 standard direct labor
23-2 Please help me solve this asap. Thank you in advance.
Direct Labor Variances Bellingham Company produces a product that requires 9 standard direct labor hours per unit at a standard hourly rate of $20.00 per hour. If 6,200 units used 57,500 hours at an hourly rate of $20.80 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance b. Direct labor time variance c. Direct labor cost variance Favorable UnfavorableStep by Step Solution
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