Mathematics, 03.07.2021 01:00, aliviadushane
The standard cost of product 5252 includes 1.9 hours of direct labor at $14.00 per hour. The predetermined overhead rate is $22.00 per direct labor hour. During July, the company incurred 4,000 hours of direct labor at an average rate of $14.30 per hour and $81,300 of manufacturing overhead costs. It produced 2,000 units.
(a)
Compute the total, price, and quantity variances for labor.
Answers: 3
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The standard cost of product 5252 includes 1.9 hours of direct labor at $14.00 per hour. The predete...
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