The Fime Corporation uses a standard costing system. The following data have been assembled for...
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Accounting
The Fime Corporation uses a standard costing system. The following data have been assembled for December:
| Actual direct labor-hours worked | 5,900 hours |
|---|---|
| Standard direct labor rate | $8 per hour |
| Labor efficiency variance | $2,000 Unfavorable |
The standard hours allowed for Decembers production is:
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