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What is the labour efficiency variance for the month

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Question - The following labour standards have been established for a particular product: Standard labour hours per unit of output 2.8 hours Standard labour rate $11.50 per hour.

The following data pertain to operations concerning the product for the last month: Actual hours worked 6,900 hours Actual total labour cost $80,385 Actual output 2,300 units.

Required -

a. What is the labour rate variance for the month?

b. What is the labour efficiency variance for the month?

Reference no: EM132520435

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