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Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $11.30 per hour. Production of 5,300 units required 15,580
Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $11.30 per hour. Production of 5,300 units required 15,580 hours at an hourly rate of $11.60 per hour. What is the direct labor for the following: Enter favorable variances as negative numbers.
a. Rate Variance | $ | |
b. Time Variance | $ | |
c. Cost Variance | $ |
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