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Hassock Corporation produces woven wall hangings. It takes 3 hours of direct labor to produce a singie wall hanging. Hassock's standard labor cost is
Hassock Corporation produces woven wall hangings. It takes 3 hours of direct labor to produce a singie wall hanging. Hassock's standard labor cost is $14 per hour. During August, Hassock produced 13,800 units and used 42,150 hours of direct labor at a total cost of $586,800. What is Hassock's labor efficiency variance for August?
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
26th edition
128574361X, 978-1305446052, 1305446054, 978-1285743615
