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The Fime Corporation uses a standard costing system. The following data have been assembled for December: Actual direct labor hours worked 6,200 hours Standard direct
The Fime Corporation uses a standard costing system. The following data have been assembled for December:
| Actual direct labor hours worked | 6,200 | hours |
|---|---|---|
| Standard direct labor rate | $7 | per hour |
| Labor efficiency variance | $2,100 | Unfavorable |
The standard hours allowed for December’s production is?
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ANSWER The standard hours allowed for December production is 1 5400 hours Giving the following info...
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
