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The direct labor standards for producing a unit of a product are two hours at a P10 per hour. The budgeted production was 1000 units.
The direct labor standards for producing a unit of a product are two hours at a P10 per hour. The budgeted production was 1000 units. Actual production was 900 units and direct labor cost was 10000 for 2000 direct labor hours.
The direct labor efficiency variance is?
The direct labor rate variance is?
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