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The Following Direct Labor Standards Have Been Established for Product

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The following direct labor standards have been established for product O64L:
The following direct labor standards have been established for product O64L: The following data pertain to last month's operations: Required:a. What was the labor rate variance for the month?b. What was the labor efficiency variance for the month? The following data pertain to last month's operations:
The following direct labor standards have been established for product O64L: The following data pertain to last month's operations: Required:a. What was the labor rate variance for the month?b. What was the labor efficiency variance for the month? Required:a. What was the labor rate variance for the month?b. What was the labor efficiency variance for the month?

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a. Labor rate variance = (Actual hours ×...

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