Business, 13.03.2020 19:13 cocacola8268

He following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.2 hours Standard labor rate $ 16.40 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 9,400 hours Actual total labor cost $ 151,340 Actual output 930 units What is the labor rate variance for the month?

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