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Standard price or hours or rate Direct materials 5 tons P3.00 Direct labor 4 hours P7.00 During the month, 8,700 hours of labor were
Standard price or hours or rate Direct materials 5 tons P3.00 Direct labor 4 hours P7.00 During the month, 8,700 hours of labor were used at P7.20 per hour to produce 2,200 units of product. The labor efficiency variance was P Type an F (Favorable) or U (Unfavorable) after the amount.
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