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Compute the labor rate and labor efficiency variances

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Problem 1: The standard labor cost in the production of a pair of GoldenBrand athletic shoes is 0.40 hours at $13.00 per hour. During the month of June, 23,090 pairs were produced. Actual labor costs were $94,080 for7,840 hours. Compute the labor rate and labor efficiency variances for the month of June

Reference no: EM132967771

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