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To produce one unit of PL 7 3 4 requires 1 . 5 direct labor hours at a standard cost of $ 1 5 .

To produce one unit of PL734 requires 1.5 direct labor hours at a standard cost of $15.00 per hour. During the month of April, 41,000 units were produced using 63,450 direct labor hours of labor at a cost of $926,370.
a.Compute the labor rate and labor efficiency variances.
b.Prepare a journal entry to record the use of direct labor.

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