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Please and thank you! Part 13 and 14. used a lower grade labor classification during the month, thus causing the actual labor rate to be
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Please and thank you!
Part 13 and 14.
used a lower grade labor classification during the month, thus causing the actual labor rate to be less than standard. Required: Enter subtracted amounts with minus sign. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct Materials Ouantitv Variance: 11. Determine and interpret the direct labor rate and time variances for the two departments. Do not round hours. Enter the costs in dollars and cents. Direct Labor Rate Variance: Indicate if favorable or unfavorable Favorable Unfavorable 12. Determine and interpret the direct labor rate and time variances for the two departments. Actual variable overhead Variable overhead at standard cost Factory overhead controllable variance Indicate if favorable or unfavorable 13. Determine and interpret the factory overhead volume variance. Round rate to four decimal places and round your final answer to two decimal places. Normal volume (cases) Actual volume (cases) Difference Fixed factory overhead rate Factory overhead volume variance Indicate if favorable or unfavorable 14. The production volume of units of actual productionStep by Step Solution
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