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What is the direct labor rate variance

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Reference no: EM133110066

Question - Bellingham Company produces a product that requires 4 standard direct labor hours per unit at a standard hourly rate of $20.00 per hour. 15,700 units used 66,300 hours at an hourly rate of $19.00 per hour.

Required - What is the direct labor (a) rate variance, (b) time variance, and (c) cost variance?

Reference no: EM133110066

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