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Japan company produces lamps that require 2.75 standard hours per unit at an hourly rate of $14 per hour. If 8,700 units required 19,250 hours
Japan company produces lamps that require 2.75 standard hours per unit at an hourly rate of $14 per hour. If 8,700 units required 19,250 hours at an hourly rate of $14.90 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance.
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