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Use the following data to find the direct labor efficiency variance. Include also if it's favorable or unfavorable. Direct labor standard (4.0 hrs.@ $ 7/hr.)
| Use the following data to find the direct labor efficiency variance. Include also if it's favorable or unfavorable. |
| Direct labor standard (4.0 hrs.@ $ 7/hr.) | $28per finished unit |
| Actual hours worked per unit | 3.5 hrs |
| Actual units produced | 4,500 units |
| Actual rate per hour | $7.25 |
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Merchandising Math A Managerial Approach
Authors: Doris Kincade, Fay Gibson, Ginger Woodard
1st Edition
0130995886, 978-0130995889
