Question
Standard and actual cost offfr direct labor for the manufacture of 1000 units of product were as follows: actual costs 960 hours @$36.00 Standard costs
Standard and actual cost offfr direct labor for the manufacture of 1000 units of product were as follows: actual costs 960 hours @$36.00
Standard costs 970 hours @$35.50
Determine the (A) Time variance, (b) Rate Variance, and (c) total direct labor cost variance.
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Auto Body And Repair Industry IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304131661, 978-1304131669
