The following data relate to labor cost for production of 22,000 cellular telephones: Actual: ..........................4,220 hrs. at
Question:
Actual: ..........................4,220 hrs. at $44.50
Standard: ......................4,160 hrs. at $46.00
a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance.
b. Discuss what might have caused these variances.
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Related Book For
Accounting
ISBN: 978-1337899451
27th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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