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Business, 26.11.2019 18:31 jlchandl

The standard costs and actual costs for direct labor in the manufacture of 2,500 units of product are as follows:
standard costs
direct labor 7,500 hours @ $11.80
actual costs
direct labor 7,400 hours @ $11.40
the direct labor time variance is
a.$1,140 favorable
b.$1,180 unfavorable
c.$1,180 favorable
d.$1,140 unfavorable

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