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Calculated the labor efficiency and labor rates variance

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Question 1 : Fabiano Corporation makes a product whose direct labor standards are 0.5 hours per unit and $23.00 per hour. In February the company produced 3,300 units using 1,640 direct labor-hours. The actual direct labor cost was $38,540. Calculated the labor efficiency and labor rates variance.

Reference no: EM132527518

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