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    Fundamental Accounting Principles Study Set 5
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    Exam 24: Flexible Budgets and Standard Costs
  5. Question
    Job #305 Was Budgeted to Require 3
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Job #305 Was Budgeted to Require 3

Question 130

Question 130

Essay

Job #305 was budgeted to require 3.5 hours of labor at $11.00 per hour. However, it was completed in 3 hours by a person who worked for $14.00 per hour. What is the total labor cost variance for Job #305?

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