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AGL Inc. provided the following data related to the direct labor costs for the current...

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Question

Accounting

AGL Inc. provided the following data related to the direct labor costs for the current period:

Rate Hours
Standard $17.50 12,000
Actual $15.50 14,000

Determine the direct labor time/efficiency variance.

Group of answer choices

$35,000 unfavorable

-$35,000 favorable

$28,000 unfavorable

-$28,000 favorable

Answer & Explanation Solved by verified expert
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