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The Fischer Corporation uses a standard costing system. The following data have been assembled for December: Actual direct labor-hours worked-5,800hours Standard direct labor rate-$8per hour
The Fischer Corporation uses a standard costing system. The following data have been assembled for December:
Actual direct labor-hours worked-5,800hours
Standard direct labor rate-$8per hour
Labor efficiency variance-$2,000unfavorable
The standard hours allowed for December's production is:
5,300 hours
5,550 hours
5,800 hours
6,050 hours
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