INTERMEDIATE ACCOUNTING (LL)-W/ACCESS
17th Edition
ISBN: 9781119598565
Author: Kieso
Publisher: WILEY
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Please provide the accurate answer to this general accounting problem using valid techniques.
hello teacher please give me correct answer
Nova Inc. sets a standard of 6.5 hours per unit
at $18 per hour. It produces 2,500 units,
actually using 16,900 hours at a rate of $19 per
hour.
Find:
(a) Labor rate variance
(b) Labor time variance
(c) Labor cost variance
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