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Standard and Actual Costs for Direct Labor for the Manufacture

Question 49

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Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows: Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows: Determine the direct labor a) time variance, b) rate variance, and c) total cost variance. Determine the direct labor a) time variance, b) rate variance, and c) total cost variance.

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