Question
Japan company produces lamps that require three standard hours per unit at an hourly rate of $16.40 per hour. If 4,600 units required 14,210 hours
Japan company produces lamps that require three standard hours per unit at an hourly rate of $16.40 per hour. If 4,600 units required 14,210 hours at an hourly rate of $16.90 per hour. Enter FAVORABLE variances as negative numbers.
a. direct labor rate variance?
b. direct labor time variance?
c. the cost variance?
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Financial Accounting International Financial Reporting Standards Global Edition
Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison
11th Edition
9781292211145
