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The standard cost of one unit of product includes 2 hours of direct labor at P15.00 per hour. The company's labor rate variance was P275,
The standard cost of one unit of product includes 2 hours of direct labor at P15.00 per hour. The company's labor rate variance was P275, favorable. The efficiency variance was P105, unfavorable. Three-hundred and eighty units were produced. What were the standard labor hours
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Internal Auditing An Integrated Approach
Authors: Richard E. Cascarino
2nd Edition
0702172693, 978-0702172694
