Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $17.20 per hour. Produc

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answerhappygod
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Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $17.20 per hour. Produc

Post by answerhappygod »

Japan Company produces lamps that require 2 standard hours per
unit at a standard hourly rate of $17.20 per hour. Production of
7,900 units required 16,120 hours at an hourly rate of $17.70 per
hour.
What is the direct labor (a) rate variance, (b) time variance,
and (c) total cost variance? Enter favorable variances as negative
numbers.
FavorableUnfavorable
FavorableUnfavorable
FavorableUnfavorable
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