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Compute the labor rate and labor efficiency variances

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Question - The standard labor cost in the production of a pair of Penny Worth Brand 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 for 7,840 hours. Compute the labor rate and labor efficiency variances for the month of June.

Reference no: EM133015626

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