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Compute the total direct labor cost variance

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Problem 1: Fletcher Co collected the following data regarding production of one of its products. Compute the total direct labor cost variance.

DL standard (2 hrs. @ $12.75/hr) $25.50 per finished unit

Actual DL hours 62,500 hours

Actual finished units produced 31,000 units

Actual cost of direct labor $870,300

Reference no: EM132621311

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