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please assist Example 4: Glacier Peak Outfitters has the following direct labor standard for its mountain parka. 1.2 standard hours per parka at $10.00 per
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Example 4: Glacier Peak Outfitters has the following direct labor standard for its mountain parka. 1.2 standard hours per parka at $10.00 per hour Last month, employees actually worked 2,500 hours at a total labor cost of $26,250 to make 2,000 parkas. - According to the standards, what direct labor cost should have been incurred to 2,000 parkas? - How much does this differ from the actual direct labor cost? - labor rate variance (LRV) - labor efficiency variance (LEV) Step by Step Solution
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