Business
Business, 27.05.2020 17:57, eddyjunior679

Waterway Family Instruments makes cellos. During the past year, the company made 6,640 cellos even though the budget planned for only 5,530. The company paid its workers an average of $15 per hour, which was $1 higher than the standard labor rate. The production manager budgets four direct labor hours per cello. During the year, a total of 24,800 direct labor hours were worked. (a) Calculate the direct labor rate and efficiency variances. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

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Waterway Family Instruments makes cellos. During the past year, the company made 6,640 cellos even t...

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