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    Financial and Managerial Accounting Study Set 11
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    Exam 23: Evaluating Variances From Standard Costs
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    If the Standard to Produce a Given Amount of Product
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If the Standard to Produce a Given Amount of Product

Question 51

Question 51

True/False

If the standard to produce a given amount of product is 600 direct labor hours at $15 and the actual direct labor incurred is 600 hours at $17, the direct labor rate variance is $1,200 unfavorable.

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