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Problem - Direct Labor Variances Compute the price, quantity, and total variances labor of the Wright Co. using the following information for the month of
Problem - Direct Labor Variances Compute the price, quantity, and total variances labor of the Wright Co. using the following information for the month of December. Each correct answer is worth point(s) Actual labor rate per hour $12.25 Actual hours used 18,000 Standard labor rate per hour $12.00 Standard hours allowed 17,100 Actual Hours x Actual Rate Actual Hours x Standard Rate Standard Hours x Standard Rate X Price Variance 2. U or F Quantity Variance 3. 4. U or F Total Labor Variance 6. U or F 5
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