FINANCIAL ACCOUNTING LOOSELEAF
2nd Edition
ISBN: 9781119493631
Author: Kimmel
Publisher: WILEY
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Fennel Industries had 6,420 actual direct labor hours at an actual rate of $15.60 per hour. Original production had been budgeted for 950 units, but only 880 units were actually produced. Labor standards were 7.2 hours per completed unit at a standard rate of $16.10 per hour. What is the direct labor rate variance?
What is the bank cost
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