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Neat Co . produces foam starfish - shaped pool floats. The following labor standard has been established for one float: Direct labor: 0 . 5
Neat Co produces foam starfishshaped pool floats. The following labor standard has been established for one float: Direct labor: of an hour at $ per hour During April, employees worked a total of actual hours at a rate of $ per hour to produce pool floats. Compute the labor rate variance and the labor efficiency variance for April and label each variance as favorable or unfavorable. Show all supporting calculations.
Neat Co produces foam starfishshaped pool floats. The following labor standard has been established for one float:
Direct labor: of an hour at $ per hour
During April, employees worked a total of actual hours at a rate of $ per hour to produce pool floats.
Compute the labor rate variance and the labor efficiency variance for April and label each variance as favorable or unfavorable. Show all supporting calculations.
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