AGL Inc. provided the following data related to the direct labor costs for the current...
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Accounting
AGL Inc. provided the following data related to the direct labor costs for the current period:
Rate | Hours | |
Standard | $17.50 | 12,000 |
Actual | $15.50 | 14,000 |
Determine the direct labor time/efficiency variance.
Group of answer choices
$35,000 unfavorable
-$35,000 favorable
$28,000 unfavorable
-$28,000 favorable
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