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Information regarding Maxwells direct labor cost for the month of January follows: Direct labor hourly rate paid $29.50 Total standard direct labor-hours for units produced

Information regarding Maxwells direct labor cost for the month of January follows:

Direct labor hourly rate paid $29.50
Total standard direct labor-hours for units produced this period 12,000
Direct labor-hours worked 11,800
Direct labor rate variance $17,000 favorable

Required:
1.

Compute the standard direct labor wage rate per hour in January.

2.

Compute the direct labor efficiency variance.

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