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Easyflow Co. Inc. manufactures faucets in a small manufacturing facility. The faucets are from zinc. Manufacturing has 60 employees. Each employee presently provides 36 hours
Easyflow Co. Inc. manufactures faucets in a small manufacturing facility. The faucets are from zinc. Manufacturing has 60 employees. Each employee presently provides 36 hours of labour per week. Information about a production week is as follows: Requirements: Determine: a. The standard cost per unit of direct materials and direct labour. b. The price variance, quantity variance, and total direct materials cost variance. c. The rate variance, time variance and direct labour cost variance
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