Question
A job was budgeted to require three hours of labor per unit at $8.50 per hour. The job consisted of 8,000 units and was completed
A job was budgeted to require three hours of labor per unit at $8.50 per hour. The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of $212,800
What is the labor rate variance?
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Management Accounting For Beginners
Authors: Nicholas Apostolides
1st Edition
0815351224, 978-0815351221
