Evaluate direct labor rate variance and direct labor time

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Direct Labor Variances

The following data relate to labor cost for production of 5,600 cellular telephones:

Actual: 3,790 hrs. at $13.8

Standard: 3,730 hrs. at $14

Problem a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Reference no: EM132754744

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