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On September 1,2013,Adirondac Marine Supplies made a loan to one of its customers.The customer signed a 6-month note for $1,500 at 10%.How much interest revenue did Adirondac record in the year 2013?
Labor Standards
The established amount of time required to perform a specific task or job, used in planning and evaluating labor efficiency.
Particular Product
A specific item or type of product that is distinct or unique in some way from other products.
Labor Rate Variance
The difference between the actual hourly wage paid to workers and the expected (or standard) wage.
Direct Labor Standard
A benchmark for the amount of labor time that should be consumed in the production of a good or service, used for costing and efficiency analysis.
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