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What is the labour rate variance for the month

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Reference no: EM132757105

Question: The following labour standards have been established for a product:

Standard labour hours per unit of output 7.5 hours Standard labour rate $15.25 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked 9,600 hours Actual total labour cost $144,480 Actual units of output 1,200

What is the labour rate variance for the month?

Reference no: EM132757105

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