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What is the direct labor rate variance

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Problem - Direct labor variances - Bellingham Company produces a product that requires 4 standard direct labor hours per unit at a standard hourly rate of $20 per hour. If 15,000 units used 61,800 hours at an hourly rate of $19.85 per hour, what is the direct labor (a) rate variance? (b) time variance? (c) cost variance?

Reference no: EM132716769

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