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The Vulcan Mold and Iron Company Has Assembled the Following

Question 4

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The Vulcan Mold and Iron Company has assembled the following data regarding the use of direct labor in its fabricating department. Based on the data provided, compute the labor rate variance for the period. The Vulcan Mold and Iron Company has assembled the following data regarding the use of direct labor in its fabricating department. Based on the data provided, compute the labor rate variance for the period.   A)  $26,000 Favorable. B)  $26,000 Unfavorable. C)  $24,000 Unfavorable. D)  $24,000 Favorable.


A) $26,000 Favorable.
B) $26,000 Unfavorable.
C) $24,000 Unfavorable.
D) $24,000 Favorable.

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