Business, 28.05.2021 19:50 vittoriochavez9700
The following labor standards have been established for a particular product:
Standard labor hours per unit of output 4.0 hours
Standard labor rate $17.70 per hour
The following data pertain to operations concerning the product for the last month: Actual hours worked 7,600 hours
Actual total labor cost $135,280
Actual output 1,800
Required:
a. What is the labor rate variance for the month?
b. What is the labor efficiency variance for the month?
Answers: 1
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The following labor standards have been established for a particular product:
Standard labor hours...
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