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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 6,100 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 | 6,100 | hours | |
Standard direct labor rate | $ | 10 | per hour |
Labor efficiency variance | $ | 2,000 | Unfavorable |
The standard hours allowed for Decembers production is:
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