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The Landry Company has developed standards for labor. During June, 74 units were scheduled and 100 were produced. Data related to labor are: Standard hours
| The Landry Company has developed standards for labor. During June, 74 units were scheduled and 100 were produced. Data related to labor are: |
| Standard hours allowed | 3 hours per unit |
| Standard wages allowed | $3.90 per hour |
| Actual direct labor | 300 hours (total cost $1,140) |
| What is the labor rate variance for June? |
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Cutting Edge Internal Auditing
Authors: Jeffrey Ridley
1st Edition
0470510390, 978-0470510391
