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Genet industries inc., developed standard costs for direct labor. budget quantity. budget price dir. labor. .30 hrs. $18 per hr. during july, genet produced and
Genet industries inc., developed standard costs for direct labor.
budget quantity. budget price dir. labor. .30 hrs. $18 per hr.
during july, genet produced and sold 4,000 containers and used 1290 direct manufacturing labor hours at an average wage of $18.40 per hour.
what is the direct manufacturing labor variance during july. and is it favorable or unfavorable?
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