Direct labor standard (4 hours @ $6.90/hour) Actual hours worked Actual rate per hour $ 27.60 per unit 12,700 $7.50

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period.
Direct labor standard (4 hours @ $6.90/hour)
$ 27.60 per unit
Actual hours worked
12,700
Actual rate per hour
$ 7.50
Transcribed Image Text:Units 4,5 & 6) Saved He Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. Direct labor standard (4 hours @ $6.90/hour) $ 27.60 per unit Actual hours worked 12,700 Actual rate per hour $ 7.50
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