Determine diekow production''s direct labor rate

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Reference no: EM1314111

Calculation of Labor rate and efficiency variances.

At the beginning of last year, Diekow Productions set direct labor standard of 20 hours at $15 per hour for each product produced. During the year, 20500 direct labor hours were actually worked at an average cost of $16 per hour. Using this information and the applicable information in E6,calculate Diekow production's direct labor rate and efficiency variances for the year?

Reference no: EM1314111

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