Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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The following information describes a company's usage of
direct labor in a recent period:
Actual direct labor hours used 32,500
Actual rate per hour $18.00
Standard rate per hour $16.50
Standard hours for units produced 32,000
How much is the direct labor efficiency variance?
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Transcribed Image Text:The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used 32,500 Actual rate per hour $18.00 Standard rate per hour $16.50 Standard hours for units produced 32,000 How much is the direct labor efficiency variance?
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