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The per-unit standards for direct labor are 2.5 direct labor hours at $14 per hour. If in producing 2,000 units, the actual direct labor cost was $62,500 for 4,200 direct labor hours worked, the total direct labor variance is

The per-unit standards for direct labor are 2.5 direct labor hours at $14 per hour. If in producing 2,000 units, the actual direct labor cost was $62,500 for 4,200 direct labor hours worked, the total direct labor variance is

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 7PB: Marymount Company makes one product. In the month of April, it made 3,500 units. Workers were paid...
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The per-unit standards for direct labor are 2.5 direct labor hours at $14 per hour. If in producing 2,000 units, the actual direct labor cost was $62,500 for 4,200 direct labor hours worked, the total direct labor variance is
Transcribed Image Text:The per-unit standards for direct labor are 2.5 direct labor hours at $14 per hour. If in producing 2,000 units, the actual direct labor cost was $62,500 for 4,200 direct labor hours worked, the total direct labor variance is
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