Essay
Superior Corporation reports the following standards for direct labor for the year:
During the year, 35,000 finished goods were produced. The direct labor efficiency variance was $2,650 favorable. The direct labor flexible budget variance was $550 favorable.
Calculate the following items regarding direct labor for Superior Corporation for the year:
A. Direct labor rate variance
B. Standard hours of direct labor for actual production
C. Actual hours of direct labor incurred for actual production
Correct Answer:
Verified
Correct Answer:
Verified
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