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Dow Chemical Co. produced 15,000 units of XYZ Product last month. The rela - Standard hours =.90 hours per unit - Standard rate =$15.00 per
Dow Chemical Co. produced 15,000 units of XYZ Product last month. The rela - Standard hours =.90 hours per unit - Standard rate =$15.00 per hour - Actual hours =85 hours per unit - Actual rate =$15.10 per hour Show your calculations for credit and calculate the following: a. Total labor variance and indicate whether it is favorable or unfavorable. b. Labor price variance and indicate whether it is favorable or unfavorable. c. Labor usage variance and indicate whether it is favorable or unfavorable. d. Provide a brief explanation for the variances you've calculated. Include whe
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