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Business, 22.04.2020 05:01 aroman4511

Information regarding Maxwell’s direct labor cost for the month of January follows: Direct labor hourly rate paid $ 29.90 Total standard direct labor hours for units produced this period 12,400 Direct labor hours actually worked 12,200 Direct labor rate variance $ 17,400 favorable Required: 1. Compute the standard direct labor wage rate per hour in January. (Round your answer to 2 decimal places.) 2. Compute the direct labor efficiency variance for January. Was this variance favorable (F) or unfavorable (U)? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)

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