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Dirickson Incorporated Has Provided the Following Data Concerning One of the Products

Question 213

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Dirickson Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Dirickson Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.   The company has reported the following actual results for the product for July:   The labor rate variance for the month is closest to: A)  $1,312 Favorable B)  $1,312 Unfavorable C)  $1,216 Unfavorable D)  $1,216 Favorable The company has reported the following actual results for the product for July:
Dirickson Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.   The company has reported the following actual results for the product for July:   The labor rate variance for the month is closest to: A)  $1,312 Favorable B)  $1,312 Unfavorable C)  $1,216 Unfavorable D)  $1,216 Favorable The labor rate variance for the month is closest to:


A) $1,312 Favorable
B) $1,312 Unfavorable
C) $1,216 Unfavorable
D) $1,216 Favorable

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