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Find what is the labour rate variance for the month

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Reference no: EM132770398

The following labour standards have been established for a particular product:

Standard labour hours per unit of output9.0 hours

Standard labour rate£15.10 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked8,100 hours

Actual total labour cost £119,880

Actual output800 units

Problem 1: What is the labour rate variance for the month?

Reference no: EM132770398

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