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Wayland Company has a standard of 3.2 hours of labor per unit, at $10.10 per hour. In producing 980 units, Wayland used 2,900 hours of
Wayland Company has a standard of 3.2 hours of labor per unit, at $10.10 per hour. In producing 980 units, Wayland used 2,900 hours of labor at a total cost of $32,000. What is Wayland's labor price variance?
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
