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Required information [The following information applies to the questions displayed below.] A manufactured...

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Accounting

Required information
[The following information applies to the questions displayed below.]
A manufactured product has the following information for June.
Compute the (1) direct labor rate variance and (2) direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2
decimal places.
AH= Actual Hours
SH= Standard Hours
AR= Actual Rate
SR= Standard Rate
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