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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 6,700 hours Standard direct labor
The Fischer Corporation uses a standard costing system. The following data have been assembled for December: Actual direct labor-hours worked 6,700 hours Standard direct labor rate $10 per hour Labor efficiency variance $1,500 unfavorable The standard hours allowed for December's production is: 6,850 hours 6,550 hours 6,400 hours 6,700 hours
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