BUSN 11 -INSTRUCTOR'S. EDITION
11th Edition
ISBN: 9781337407175
Author: Kelly
Publisher: CENGAGE L
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Chapter 8, Problem 3LO
Summary Introduction
To discuss: The fundamental elements of significant financial statements.
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The Frostline Corporation had 9,200 actual direct labor hours at an actual rate of $13.80 per hour. Original production had been budgeted for 1,500 units, but only 1,350 units were actually produced. Labor standards were 7.9 hours per completed unit at a standard rate of $15.50 per hour. Compute the direct labor cost variance.
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BUSN 11 -INSTRUCTOR'S. EDITION
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