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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 5,700 hours Standard direct labor
The Fime Corporation uses a standard costing system. The following data have been assembled for December:
| Actual direct labor-hours worked | 5,700 | hours | |
| Standard direct labor rate | $ | 8 | per hour |
| Labor efficiency variance | $ | 2,400 | Unfavorable |
The standard hours allowed for Decembers production is:
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Audit Analytics Data Science For The Accounting Profession
Authors: J. Christopher Westland
1st Edition
3030490904, 9783030490904
