Direct Labor Variances Assume that Nortel manufactures specialty electronic circuitry through a unique photoelectronic process....
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Direct Labor Variances Assume that Nortel manufactures specialty electronic circuitry through a unique photoelectronic process. One of the primary products, Model ZX40, has a standard labor time of 0.5 hour and a standard labor rate of $15.00 per hour. During February, the following activities pertaining to direct labor for ZX40 were recorded:
Direct labor hours used 5,180
Direct labor cost $67,000
Units of ZX40 manufactured 9,600
(a) Determine the labor rate variance.
$Answer F U
(b) Determine the labor efficiency variance. $Answer F U
(c) Determine the total flexible budget labor cost variance . . $Answer . F U
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