Reference no: EM131211234
Castle Inc. has set labor costs at $48 per unit of output, based on 3 hours allowed to produce each finished unit. Last month, 3,000 direct labor hours were used, and 1,500 units of output were manufactured at a total labor cost of $72,000. Required:
If the company used fewer direct labor hours than those reflected in the standards, which variance would be affected? Explain.
How many shares of preferred stock were issued-outstanding
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Direct labor hours than those reflected in the standards
: Castle Inc. has set labor costs at $48 per unit of output, based on 3 hours allowed to produce each finished unit. Last month, 3,000 direct labor hours were used, and 1,500 units of output were manufactured at a total labor cost of $72,000. If the co..
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Distributed to its sold individual shareholder
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Experiences an equal increase or decrease in sales
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