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Mandy Company has the following information from last month: Standard direct labor hours for units produced (SQ) 3,700 Actual direct labor hours worked (AQ) 3,600
Mandy Company has the following information from last month:
| Standard direct labor hours for units produced (SQ) | 3,700 |
|---|---|
| Actual direct labor hours worked (AQ) | 3,600 |
| Direct labor efficiency variance, favorable (F) | $ 5,000 |
| Total payroll | $ 198,000 |
What was Mandy's actual direct labor rate per hour (AP)?
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To determine Mandy Companys actual direct labor rate per hour AP we can use the formula for Direct L...
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
