The Following Data Relate To Labor Cost For Production Of 12 500 Cellular Phones
The following data relate to labor cost for production of 12,500 cellular phones:Actual: 13,600 at $16.15 $219,640Standard: 13,725 hours at $16.00 $219,600Determine the rate variance, time variance, and total direct labor cost variance.
QUESTION: The following data relate to labor cost for production of 12,500 cellular phones: Actual: 13,600 at $16.15 $219,640Standard: 13,725 hours at $16.00 $219,600Determine the rate variance,…
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