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    Managerial Accounting Study Set 15
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    Exam 5: Journal Entries to Record Variances
  5. Question
    If the Actual Rate Per Direct Labor-Hour Is Less Than
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If the Actual Rate Per Direct Labor-Hour Is Less Than

Question 37

Question 37

True/False

If the actual rate per direct labor-hour is less than the standard rate per direct labor-hour, then the journal entry to record the Labor rate variance would be a credit.

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