CoursHeroTranscribedText: Direct Labor-Hours (LO 16-5) Williams Corporation reports the following direct labor information for November:...
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CoursHeroTranscribedText: Direct Labor-Hours (LO 16-5) Williams Corporation reports the following direct labor information for November: Standard rate 34.00 per hour Actual rate paid $ 34.90 per hour Standard hours allowed for actual production 44, 000 hours Labor efficiency variance $207 , 400 F Required: Based on these data, what was the number of actual hours worked and what was the labor price variance? (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Actual hours worked hours Labor price variance
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