3. The standard direct labor time is 1/4 hour per glass, at a price of...
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3. The standard direct labor time is 1/4 hour per glass, at a price of $15.00 per hour. The actual results for the production of 6,800 glasses were 1/3 hour per glass, at a price of $14.00 per hour. Calculate the labor price variance and the labor efficiency variance. Select the link to access the Track and Calculate Variances rubric
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