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Compute the direct labor price and efficiency variances

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Question - The standard direct labor cost per unit for a company was $48 (= $32 per hour × 1.5 hours per unit). During the period, actual direct labor costs amounted to $303,800, 9,400 labor-hours were worked, and 6,500 units were produced. Compute the direct labor price and efficiency variances for the period.

Reference no: EM132769792

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