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Oil performs oil changes. The standard wage rate for oil change technicians is $ 16 per hour. By analyzing its past records of time spent
Oil performs oil changes. The standard wage rate for oil change technicians is $ 16 per hour. By analyzing its past records of time spent on oil changes, Organic Oil has developed a standard of 12 minutes (or 0.20 hours) per oil change. In July, 1,600 oil changes were performed at Organic Oil. Oil change technicians worked a total of 315 direct labor hours at an average rate of $20 per hour.
anic Oil performs c July. 1,600 oil changes were performed at Organic Oil. Oil change technicians worked a total of 315 oilchanges. The standard wage rate for oil change technicians is 516 per hour By analyzing its past records of time spent on o c Queston Help Organic Oil has developed a standard of 12 minutes (or 0 20 hours) per ail change direct labor hours at an average rate of $20 per hour equirements Calculate the direct labor rate variance Calculate the direct labor efficiency variance. equirement 1. Calculate the direct labor rate variance etermine the formula for the rate variance, then compute the rate variance for the direct labor (Enter the result as a positive number Label the vananice as favorable (F) or unfavorable (U) Enter the currency amount in the fomula to the nearest cet, than round the Shal variance ancunt bbrev Direct labor) ations used. DI theeret wtci x ( x ( DL rateStep by Step Solution
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