Tippi Company produces lamps that require 2.25 standard hours per unit at a standard hourly...
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Accounting
Tippi Company produces lamps that require 2.25 standard hours per unit at a standard hourly rate of $15.00 per hour. Production of 7,700 units required 17,550 hours at an hourly rate of $15.20 per hour.
What is the direct labor (a) rate variance, (b) time variance, and (c) total cost variance? Enter favorable variances as negative numbers.
| a. Direct labor rate variance | $fill in the blank 1 | |
| b. Direct labor time variance | $fill in the blank 3 | |
| c. Total direct labor cost variance |
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