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Direct Labor Variances Advanced Micro Devices develops high-performing computing products. Assume one of its processors, Ryzen 7 Pro, has a standard labor time of 0.25
Direct Labor Variances Advanced Micro Devices develops high-performing computing products. Assume one of its processors, Ryzen 7 Pro, has a standard labor time of 0.25 hour and a standard labor rate of $20 per hour. During February, the following activities pertaining to direct labor for Ryzen 7 Pro were recorded:
Direct labor hours used | 64,000 |
Direct labor cost | $1,248,000 |
Units of Ryzen 7 Pro manufactured | 250,000 |
(a) Determine the labor rate variance. $Answer AnswerFU (b) Determine the labor efficiency variance. $Answer AnswerFU (c) Determine the total flexible budget labor cost variance. $Answer AnswerFU
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