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What the direct labour rate and efficiency variances

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Question - ABC Limited has extracted the following details from the standard cost card of one of its products: ?Direct labour 4.5 hours @ £6.40 per hour.

During March, ABC Limited produced 2,300 units of the product and incurred direct wages costs of £64,150. The actual hours worked were 11,700.

Required - What the direct labour rate and efficiency variances for March?

Reference no: EM132971320

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