Japan Company produces lamps that require 3 standard hours per unit at an hourly rate...
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Accounting
Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $12.40 per hour. Production of 4,900 units required 14,260 hours at an hourly rate of $12.00 per hour. What is the direct labor for the following: Enter favorable variances as negative numbers.
| a. Rate Variance | $fill in the blank 1 | FavorableUnfavorable |
| b. Time Variance | $fill in the blank 3 | FavorableUnfavorable |
| c. Cost Variance |
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