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Handerson Corporation makes a product with the following standard costs: Standard Quantity or Hours 8.5 kilos 0.4 hours 0.4 hours Direct materials Direct labor Variable
Handerson Corporation makes a product with the following standard costs: Standard Quantity or Hours 8.5 kilos 0.4 hours 0.4 hours Direct materials Direct labor Variable overhead The company reported the following results concerning this product in August. Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost The labor efficiency variance for August is: 33 3 E The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computer when the materials are purchased. The labor efficiency variance for August is
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