Mathematics, 29.11.2020 07:20 luhmama
Queen Industries uses a standard costing system in the manufacturing of its single product. It requires 2 hours of labor to produce 1 unit of final product. In February, Queen Industries produced 15,000 units. The standard cost for labor allowed for the output was $86,000, and there was an unfavorable direct labor time variance of $6,000. If the workers were paid $5 per hour, what was the direct labor rate variance ?
Answers: 2
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Queen Industries uses a standard costing system in the manufacturing of its single product. It requi...
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