Solution-Calculate the labor rate variance and the labor

Calculate the labor rate variance and the labor efficiency

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Reference no: EM13960525

a) At Frigicor, the standard quantity of labor is 20 hours per refrigeration unit. The standard wage rate is $25.In July, the company produced 50 refrigeration units and incurred 1,100 labor hours at a cost of $29,700.

Required:

1. Calculate the labor rate variance and the labor efficiency variance. Indicate whether the variances are favorable or unfavorable.

Reference no: EM13960525

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Calculate the labor rate variance and the labor efficiency

Reference no: EM13960525

Reference no: EM13960525

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