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    Exam 23: Performance Evaluation Using Variances From Standard Costs
  5. Question
    If the Standard to Produce a Given Amount of Product
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If the Standard to Produce a Given Amount of Product

Question 32

Question 32

True/False

If the standard to produce a given amount of product is 600 direct labor hours at $15 and the actual was 500 hours at $17, the time variance was $1,700 unfavorable.

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