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Grub Chemical Corporation Has Developed Cost Standards for the Production

Question 30

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Grub Chemical Corporation has developed cost standards for the production of its new cologne, ChocO. The variable cost standards below relate to each 10 gallon batch of ChocO: Grub Chemical Corporation has developed cost standards for the production of its new cologne, ChocO. The variable cost standards below relate to each 10 gallon batch of ChocO: Variable manufacturing overhead at Grub is applied based on direct labor-hours. The actual results for last month were as follows: What is ChocO's labor rate variance? A) $902 Favorable B) $2,880 Favorable C) $3,782 Favorable D) $14,432 Favorable Variable manufacturing overhead at Grub is applied based on direct labor-hours. The actual results for last month were as follows:
Grub Chemical Corporation has developed cost standards for the production of its new cologne, ChocO. The variable cost standards below relate to each 10 gallon batch of ChocO: Variable manufacturing overhead at Grub is applied based on direct labor-hours. The actual results for last month were as follows: What is ChocO's labor rate variance? A) $902 Favorable B) $2,880 Favorable C) $3,782 Favorable D) $14,432 Favorable What is ChocO's labor rate variance?


A) $902 Favorable
B) $2,880 Favorable
C) $3,782 Favorable
D) $14,432 Favorable

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