GEN COMBO FUNDAMENTALS OF ADVANCED ACCOUNTING; CONNECT ACCESS CARD
GEN COMBO FUNDAMENTALS OF ADVANCED ACCOUNTING; CONNECT ACCESS CARD
7th Edition
ISBN: 9781260088649
Author: Joe Ben Hoyle
Publisher: McGraw-Hill Education
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Chapter 2, Problem 3P
To determine

Identify the appropriate answer for the given statement from the given choices.

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The actual cost of direct labor per hour is $29.75 and the standard cost of direct labor per hour is $31.20. The direct labor hours allowed per finished unit is 0.85 hours. During the current period, 7,500 units of finished goods were produced using 4,100 direct labor hours. How much is the direct labor rate variance?
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