The standard cost of product 5252 includes 1.9 hours of direct labor at $11.20 per...
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Accounting
The standard cost of product includes hours of direct labor at $ per hour. The predetermined overhead rate is $ per direct labor hour. During July, the company incurred hours of direct labor at an average rate of $ per hour and $ of manufacturing overhead costs. It produced units.
a
Compute the total, price, and quantity variances for labor.
Total labor variance No Title $
Labor price variance
Labor quantity variance $
b
Compute the total overhead variance.
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