Use the following for the next five questions: The following data is given for the Walker Company: Budgeted production1,000 units Actual production980 units Materials: Standard price per lb$2.00 Standard pounds per completed unit12 Actual pounds purchased and used in production11,800 Actual price paid for materials$23,000 Labor: Standard hourly labor rate$14 per hour Standard hours allowed per completed unit4.5 Actual labor hours worked4,560 Actual total labor costs$62,928 The total direct labor variance is:
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Use the following for the next five questions: The following data is given for the Walker Company: B...
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