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What is janice company actual direct labor rate per hour

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Reference no: EM133106773

Question - Janice Company uses the standard cost system. Following are information on its direct labor costs:

Standard direct labor hours 75,000

Actual direct labor hours 72,500

Direct labor efficiency variance (favorable) P10,000

Direct labor rate variance (favorable) P14,500

Total payroll P275.500

Required - What is Janice Company's actual direct labor rate per hour?

Reference no: EM133106773

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