Essay
Perez Company adopted a standard cost system several years ago.The standard costs for the prime costs of its single product follow: 
The following operating data were taken from the records for November: 
Compute the following:
a.Labor rate variance
b.Labor efficiency variance
c.Actual kilograms of material used in the production process
d.Actual cost paid per kilogram of material
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Correct Answer:
Verified
** 5,800 units produced x 6 hrs allowe...View Answer
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