Business
Business, 27.11.2019 22:31, lobatospitones

The following data is given for the harry company: budgeted production --26,000 unitsactual production ,500 unitsmaterials: standard price/ounce $6.50standard ouncese per completed unit 8actual ounces purchased and used in production 228,000actual price paid for materials $1,504,800labor: standard hourly rate $22 per hourstandard hours allowed per completed unit 6.6actual labor hours worked 183,000actual total labor costs $4,020,000overhead: actual and budgeted fixed overhead $1,029,600standard variable overhead rate $24.50 per standard labor houractual variable overhead costs $4,520,000overhead is applied on standard labor hours. the direct labor time variance is: a) 6,000 favorableb) 6,000 unfavorablec) 33,000 unfavorabled) 33,000 favorable

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The following data is given for the harry company: budgeted production --26,000 unitsactual producti...

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