Question
The standard wage rate is $14.90 per direct labor hour and according to standards each unit of output requires 2.8 direct labor hours. In June,
The standard wage rate is $14.90 per direct labor hour and according to standards each unit of output requires 2.8 direct labor hours. In June, 1800 units were produced and actual wage rate was $15.80 per DHL and actual hours were 5,110 DHLS. Labor efficiency variance for June would be recorded as?
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Financial Accounting
Authors: Carl Warren
13th Edition
1133607616, 978-1133607618
