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Variance Analysis (Points: 30) Easyflow Co. Inc. manufactures faucets in a small manufacturing facility. The faucets are made from zinc. The manufacturing department has 60
Variance Analysis (Points: 30) Easyflow Co. Inc. manufactures faucets in a small manufacturing facility. The faucets are made from zinc. The manufacturing department has 60 employees. Each employee presently provides 36 hours of labor per week. Information about a production week is as follows: Determine: a. The standard cost per unit of direct materials and direct labor. b. The price variance, quality variance, and total direct materials cost variance. c. The rate variance, time variance and direct labor cost variance
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