What was the labor efficiency variance for the month, Accounting Basics

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What was the labor efficiency variance for the month

The standards for product C54L specify 4.5 DLH per unit @ $12.40 per DLH. Last month 1,560 units of product C54L were produced using 7,000 direct labor-hours at a total direct labor wage cost of $86,100.

a. What was the labor rate variance for the month?

b. What was the labor efficiency variance for the month?

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Accounting Basics: What was the labor efficiency variance for the month

Reference No:- TGS0717408

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Recent Questions Asked Accounting Basics

Q : Why should the product be dropped

Q : Find the tension in the tightrope

Q : Confident interval for the estimated mean

Q : Determine the area of the first surface

Q : What was the labor efficiency variance for the month

Q : The same company would like to purchase

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Q : Mean arrival rate

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Accounting Basics: What was the labor efficiency variance for the month

Reference No:- TGS0717408

Recent Questions Asked Accounting Basics

Q : Why should the product be dropped

Q : Find the tension in the tightrope

Q : Confident interval for the estimated mean

Q : Determine the area of the first surface

Q : What was the labor efficiency variance for the month

Q : The same company would like to purchase

Q : Newtons first law of motion

Q : Mean arrival rate

Q : What is the lowest transfer price

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