The Following Direct Labor Standards Have Been Established for Product

question 20

Essay

The following direct labor standards have been established for product H91D:
The following data pertain to the most recent month's operations during which 3,860 units of product H91D were made:
Required:
a.What was the labor rate variance for the month?
b.What was the labor efficiency variance for the month?
c.Prepare a journal entry to record direct labor costs during the month,including the direct labor variances.

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Definitions:

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