Question
1. Compute the standard direct labor wage rate per hour in January. (Round your answer to 2 decimal places.) 2. Compute the direct labor efficiency
2. Compute the direct labor efficiency variance for January. Was this variance favorable or unfavorable?
Direct labor hourly rate paid Total standard direct labor hours for units produced this period Direct labor hours actually worked Direct labor rate variance $29.00 11,500 11,300 $ 16,500 favorable
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
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1259917029, 978-1259917028
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