Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.03 hour....
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Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.03 hour. During the month of April, 900,000 bottles were produced using 25,200 labor hours @ $15.00. The standard wage rate is $13.50 per hour. Required: Calculate the total variance for production labor for the month of April. Enter amounts as positive numbers and select Favorable or Unfavorable.
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