Business, 19.06.2020 01:57 Kjkaiman9034

The following labor standards have been established for a particular product:Standard labor hours per unit of output 4.4 hoursStandard labor rate $ 20.20 per hourThe following data pertain to operations concerning the product for the last month:Actual hours worked 7,000 hoursActual total labor cost $ 142,100Actual output 1,500 unitsRequired:a. What is the labor rate variance for the month?b. What is the labor efficiency variance for the month?

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The following labor standards have been established for a particular product:Standard labor hours pe...