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Ortman Corporation makes a product with the following standard costs: The company reported the following results concerning this product in May. The company applies variable
Ortman Corporation makes a product with the following standard costs: The company reported the following results concerning this product in May. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The labor efficiency variance for May is:
a) | $483 U | |
b) | $510 U | |
c) | $483 F | |
d) | $510 F |
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