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Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $11.90 per hour. Production of 4,600 units required 9,380
Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $11.90 per hour. Production of 4,600 units required 9,380 hours at an hourly rate of $12.30 per hour. What is the direct labor for the following: Enter favorable variances as negative numbers.
a. Rate Variance | $fill in the blank 1 | |
b. Time Variance | $fill in the blank 3 | |
c. Cost Variance | $fill in the blank 5 |
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