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FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Board Company's direct labor information for February is as follows:
Direct labor hours worked (AQ)
Standard direct labor hours for units manufactured (SQ)
Unfavorable direct labor rate variance.
Total payroll for direct labor
The direct labor efficiency variance in February was:
Multiple Choice
$15,272 favorable.
$15,691 favorable.
$15,464 favorable.
$15,900 favorable.
36,500
38,000
$ 14,600
$ 532,900
Transcribed Image Text:Board Company's direct labor information for February is as follows: Direct labor hours worked (AQ) Standard direct labor hours for units manufactured (SQ) Unfavorable direct labor rate variance. Total payroll for direct labor The direct labor efficiency variance in February was: Multiple Choice $15,272 favorable. $15,691 favorable. $15,464 favorable. $15,900 favorable. 36,500 38,000 $ 14,600 $ 532,900
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