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How much is the labor rate variance for August

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Reference no: EM132976840

Question - Standard Faucets uses standard costing and recorded the following data for the month of August:

Standard direct labor rate $10.00 per hour

Standard hours allowed for actual production 20,000 hours

Actual direct labor rate $10.50 per hour

Labor efficiency variance $6,000 favorable

How much is the labor rate variance for August?

Reference no: EM132976840

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