FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
AGL Inc. provided the following data related to the direct labor costs for the current period:
Data Related to Direct Labor CostsData | Rate | Hours |
---|---|---|
Standard | $17.50 | 12,000 |
Actual | $15.50 | 14,000 |
Determine the direct labor rate variance.
Group of answer choices
$7,000 unfavorable
$28,000 unfavorable
-$28,000 favorable
-$7,000 favorable
SAVE
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