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The standard direct labor cost per unit for a company was $27 (= $18 per hour times 1.5 hours per unit). During the period, actual
The standard direct labor cost per unit for a company was $27 (= $18 per hour times 1.5 hours per unit). During the period, actual direct labor costs amounted to $178, 700, 9, 800 labor-hours were worked, and 5, 800 units were produced. Required: Compute the direct labor rate(alSO known as price Variance) and efficiency variances for the period
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