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Japan company produces lamps that require 3.50 standard hours per unit at an hourly rate of $16.00 per hour. If 9,500 units required 21,500 hours
Japan company produces lamps that require 3.50 standard hours per unit at an hourly rate of $16.00 per hour. If 9,500 units required 21,500 hours at an hourly rate of $15.50 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance.
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